Cisco to Acquire BCN, Symantec Acquires Platform Logic

Cisco announced that it has finalized an agreement to acquire BCN, provider of software design and developer of application routing architecture. Cisco said they'll pay approximately $34 million in cash and the acquisition price might increase by as much as $122 million depending on whether BCN meets certain milestones. BCN architecture will eventually be intergrated across Cisco's line of routing solutions and BCN employees will become part of Cisco's Routing Technology Group,.

Symantec has acquired Platform Logic, maker of AppFire - a host protection suite designed to protect systems through behavior controls as opposed to attack signature-based controls. Terms of the acquisition have not been released. Symantec said that "existing [Platform Logic] customers should expect business as usual through the transition period."