Cisco Systems, Inc. (NasdaqGS:CSCO) agreed to acquire an unknown stake in Isovalent, Inc. on December 21, 2023. Cisco became an investor in Isovalent as part of their Series A funding round in 2020 alongside Andreessen Horowitz and Google. The Isovalent team will join the Cisco Security Business Group once the acquisition closes, which is expected in the third quarter of fiscal year 2024.

Cisco Systems, Inc. (NasdaqGS:CSCO) completed the acquisition of Isovalent, Inc. on April 12, 2024.