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Sourcefire acquires Immunet for $21 million

Sourcefire Inc., a Columbia-based cybersecurity company, said Wednesday it acquired for $21 million a California company that specializes in providing digital protection to users of Internet-based computing networks.

Sourcefire said it was paying $21 million cash for Immunet, a Palo Alto, Calif.-based company. The deal included $17 million paid out immediately and $4 million paid over the next 18 months if Immunet reaches unspecified milestones for its software targeted for business use, which it plans to roll out this year.

gus.sentementes@baltsun.com

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