Global tech giant Cisco is reportedly in “advanced negotiations” to acquire cyber security company Axonius for US$2 billion, according to Calcalist.
Bethany Alvaro
• Tue, 06 Jan 2026 • Tech
Axonius, a cyber security asset management company founded by three former high-ranking IDF cyber unit members, denied these reports, saying in a statement:
“Axonius is not in talks to be acquired by Cisco. Our strategy is to build a durable, independent company. We are focused on execution, serving our customers, and continuing our growth. That is where our attention is.”
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Cisco has not made any public comment on the reports.
If it were to go through, it would be Cisco’s biggest acquisition since a US$28 billion deal with software and data platform Splunk in 2014.
Axonius’ services aim to connect existing organisational and management tools that companies use and transform information into easily collated data. Their platforms also automatically detect applications and devices that do not have secure networks or do not comply with company-specific policies.
Axonius has raised close to US$700 million since its formation in 2017 and is currently valued at approximately US$2.6 billion.
In November 2025, the company announced that they laid off 100 employees out of 900 across offices in the United States and Israel.
The unconfirmed deal points to a wider trend happening in the cyber security domain, with more and more acquisitions of asset security companies. ServiceNow swept up Armis, a company operating under a similar model as Axonius, in an over US$7 billion deal in December.
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