On Tuesday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.29% to $27.46.
Cisco Systems, declared its intent to acquire OpenDNS, a privately held security company based in San Francisco. OpenDNS provides advanced threat protection for any device, anywhere, anytime. The acquisition will boost Cisco’s Security Everywhere approach by adding broad visibility and threat intelligence from the OpenDNS cloud delivered platform.
The burgeoning digital economy and the Internet of Everything (IoE) are predictable to spur the connection of nearly 50 billion devices by 2020, creating a vast new wave of opportunities for security breaches across networks. The faster customers can deploy a solution, the faster they can detect, block and remediate these emerging security threats. OpenDNS’ cloud platform offers security delivered in a Software-as-a- Service (SaaS) model, making it quick and easy for customers to deploy and integrate as part of their defense architecture or incident response strategies. By providing comprehensive threat awareness and pervasive visibility, the combination of Cisco and OpenDNS will enhance advanced threat protection across the full attack continuum — before, during and after an attack.
Typically devices and people connected to the network are easier to identify and track for potential security threats. However in a world in which devices and people can connect from anywhere at anytime, enterprise IT teams have increasingly limited visibility into potential threats from these unmonitored and potentially unsecure entry points into the network, creating tremendous security risk. Combining OpenDNS’ broad visibility, unique predictive threat intelligence and cloud platform with Cisco’s robust security and threat capabilities will enhance awareness across the extended network, both on- and off-premise, reduce the time to detect and respond to threats, and mitigate risk of a security breach.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Shares of CSX Corp. (NYSE:CSX), inclined 0.52% to $32.65, during its last trading session.
CSX Corp., will release second-quarter financial and operating results on Tuesday, July 14, 2015, after the market close.
The company will host an earnings conference call from 8:30 a.m. to 9:30 a.m. Eastern Time on Wednesday, July 15, 2015 via teleconference and a live audio webcast.
CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers.
Finally, Oasis Petroleum Inc. (NYSE:OAS), ended its last trade with 0.06% gain, and closed at $15.85, as oil futures on Tuesday ended the first half of the year with a hefty gain, settling higher for the session with the deadline for a final agreement over Iran’s nuclear program extended by a week.
On the New York Mercantile Exchange, August West Texas Intermediate crude tacked on $1.14, or 2%, to settle at $59.47 a barrel. It had tallied a four-session loss of more than 4%. Tracking the most-active contracts, prices were up roughly 11.6% year to date. For the month, prices saw a loss of about 1.4%, according to Market Watch.
Brent crude for August delivery rose $1.58, or 2.6%, to $63.59 a barrel on London’s ICE Futures exchange. Prices were close to 11% higher year to date. Market Watch Reports.
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.
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