Cisco Systems Inc may regret passing on the security project known as APOLLO. The company known as Palo Alto Networks, is one of the leaders today in the multibillion-dollar market for corporate Internet firewalls. Paulo Alto Networks debuts next week in an initial public offering that could be valued for over 2-billion-dollars. Cisco and similar companies may have misjudged how the internet would expand with the growth of social media and the need for sophisticated tools to safeguard private data. The Firewall security company said it plans to offer 4.7 million shares, setting the range at $34 to $37 each. The company will list under the symbol PANW on the New York Stock Exchange. For more of the latest financial news, check out our website at fnno.com, or follow us on Twitter@fnnonline
If you want to add your voice and contribute to this existing news event, use the event code
(Event Code: @12950485), that you will find on each news event page, as the first word of the
SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@12950485 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
The first word of the message should be @12950485 (event code), to make sure the system attaches
your voice to the right news event.