Sourcefire Announces Termination of Hart-Scott-Rodino Act Waiting Period for Pending Acquisition by Cisco
September 04 2013 - 7:00AM
Marketwired
Sourcefire (NASDAQ: FIRE) today announced that the
Hart-Scott-Rodino (HSR) review period for the pending acquisition
of Sourcefire by Cisco was terminated on September 3, 2013 in
advance of its scheduled expiration.
The termination of the HSR review period satisfies one of the
conditions necessary for the transaction to close. Sourcefire
expects that, subject to the remaining customary closing
conditions, including the approval of Sourcefire's stockholders,
the transaction will be completed in the fourth quarter.
Cisco and Sourcefire announced the pending acquisition on July
23, 2013 following unanimous approval by the boards of directors of
both companies. The strategic combination of Cisco and Sourcefire
will combine world-class products, technologies and research teams
to provide continuous and pervasive advanced threat protection
across the entire attack continuum -- before, during and after an
attack -- and from any device to any cloud.
About Sourcefire Sourcefire, Inc. (NASDAQ:
FIRE), a world leader in intelligent cybersecurity solutions, is
transforming the way global large- to mid-size organizations and
government agencies manage and minimize security risks to their
dynamic networks, endpoints, mobile devices and virtual
environments. With solutions from a next-generation network
security platform to advanced malware protection, Sourcefire's
threat-centric approach provides customers with Agile Security®
that delivers protection Before, During and After™ an attack.
Trusted for more than 10 years, Sourcefire has earned a reputation
for innovation, consistent security effectiveness and world-class
research all focused on detecting, understanding and stopping
threats. For more information about Sourcefire, please visit
www.sourcefire.com.
Sourcefire, the Sourcefire logo, Snort, the Snort and Pig logo,
Agile Security and the Agile Security logo, 'Before, During, and
After,' ClamAV, FireAMP, FirePOWER, FireSIGHT and certain other
trademarks and logos are trademarks or registered trademarks of
Sourcefire, Inc. in the United States and other countries. Other
company, product and service names may be trademarks or service
marks of others.
Additional Information and Where You Can Find
It:
In connection with the proposed acquisition by Cisco ("Parent")
of Sourcefire ("the Company") pursuant to the terms of an Agreement
and Plan of Merger by and among the Company, Parent, and a
wholly-owned subsidiary of Parent, the Company filed a preliminary
proxy statement with the Securities and Exchange Commission (the
"SEC") on August 12, 2013 and will file a definitive proxy
statement. Investors are urged to read the preliminary proxy
statement and, when it becomes available, the definitive proxy
statement (including all amendments and supplements) because they
will contain important information. Investors may obtain free
copies of the preliminary proxy statement and, when it becomes
available, the definitive proxy statement, as well as other filings
containing information about the Company, without charge, at the
SEC's Internet site (http://www.sec.gov). These documents may also
be obtained for free from the Company's Investor Relations web site
(http://investor.sourcefire.com/) or by directing a request to the
Company at: Sourcefire, Inc., 9770 Patuxent Woods Drive, Columbia,
MD 21046.
The Company and its officers and directors and other members of
management and employees may be deemed to be participants in the
solicitation of proxies from the Company's stockholders with
respect to the acquisition. Information about the Company's
executive officers and directors is set forth in the proxy
statement for the Company's 2013 Annual Meeting of Stockholders,
which was filed with the SEC on April 24, 2013. Investors may
obtain more detailed information regarding the direct and indirect
interests of the Company and its respective executive officers and
directors in the acquisition by reading the preliminary proxy
statement filed with the SEC on August 12, 2013 and definitive
proxy statement, which will be filed with the SEC.
Forward Looking Statements:
This written communication contains forward-looking statements
that involve risks and uncertainties concerning Parent's proposed
acquisition of the Company, the Company's expected financial
performance, as well as the Company's strategic and operational
plans. Actual events or results may differ materially from those
described in this written communication due to a number of risks
and uncertainties. The potential risks and uncertainties include,
among others, the possibility that the transaction will not close
or that the closing may be delayed; the reaction of our customers
to the transaction; general economic conditions; the possibility
that the Company may be unable to obtain stockholder approval as
required for the transaction or that the other conditions to the
closing of the transaction may not be satisfied; the transaction
may involve unexpected costs, liabilities or delays; the outcome of
any legal proceedings related to the transaction; the occurrence of
any event, change or other circumstances that could give rise to
the termination of the transaction agreement. In addition, please
refer to the documents that Parent and the Company file with the
SEC on Forms 10-K, 10-Q and 8-K. The filings by the Company
identify and address other important factors that could cause its
financial and operational results to differ materially from those
contained in the forward-looking statements set forth in this
written communication. The Company is under no duty to update any
of the forward-looking statements after the date of this written
communication to conform to actual results.
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Sourcefire Media Contact: Jennifer Leggio Sourcefire
650-260-4025 jleggio@sourcefire.com Sourcefire Investor
Contact: Staci Mortenson ICR 203-682-8273
Staci.Mortenson@icrinc.com
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