Cisco Systems recently made an announcement about the acquisition of Sourcefire, a leader in intelligent cyber security solutions. The announcement stipulated that Cisco pay $76 cash per share of Sourcefire, suggesting a company valuation of $2.7 billion. The offer price is 29% higher relative to Monday’s closing price. The agreement will allow the companies to synergize their products, technologies and research teams to develop and provide advanced protection across the entire attack continuum. Currently, Sourcefire has 650 employees on its payroll.