By timesofisrael
Publication Date: 2026-05-05 12:00:00
US tech giant Cisco Systems Inc. has agreed to buy Israeli cybersecurity startup Astrix Security to bolster its security arsenal to address emerging threats tied to the rapid use of autonomous AI agents, the companies said Tuesday.
No financial details were provided, but Hebrew media reports estimated the deal’s value at between $300 million and $400 million.
Founded in 2021 by Alon Jackson, CEO, and Idan Gour, CTO – both veterans of Israel’s vaunted IDF intelligence unit 8200 – Tel Aviv-based Astrix is the developer of a software platform that addresses the security gap created by AI agents or digital employees gaining unrestricted access to enterprise systems without governance, oversight, or identity management.
“We founded Astrix with a clear conviction: the identities and credentials powering modern enterprise systems — API keys, service accounts, OAuth tokens — were dangerously under-secured,” said Jackson. “These non-human…
