Tech Company M&A Transactions
Duo Security Acquisition
Headquartered in Ann Arbor, Duo Security was purchased by Cisco. The parties disclosed the acquisition price to be $2.4 billion.
Transaction Overview
Company Name
Acquired By
Announced On
8/2/2018
Transaction Type
M&A
Amount
$2,350,000,000
M&A Terms
Under the terms of the agreement, Cisco will pay $2.35 billion in cash and assumed equity awards for Duo Security's outstanding shares, warrants and equity incentives on a fully-diluted basis.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
123 North Ashley St. 200
Ann Arbor, MI 48104
USA
Ann Arbor, MI 48104
USA
Phone
Website
Email Address
Overview
Duo Security is the easiest two-factor authentication service to deploy, administer, and use. The company s service can be deployed in as little as 30 minutes and can be used immediately by any user with a phone. Over 1,000 organizations in over 80 countries rely upon Duo to prevent online account takeover and data theft.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douglas Song
Chief Financial Officer
Sydney Carey
Chief Information Officer
Raffaele Mautone
Chief Technical Officer
Jon Oberheide
VP - Bus. Development
Paul DiMarzo
VP - Customer Service
Lisa Paul
VP - Marketing
Jeff Wiss
VP - Sales
James Cyb
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