The founder of OpenDNS, bought by Cisco in 2015, will take over operational responsibility for one of Cisco's fastest-growing businesses.

Brian Santo, Senior editor, Test & Measurement / Components, Light Reading

December 13, 2016

2 Min Read
Ulevitch to Head Cisco's Security Operations

Cisco has named David Ulevitch head of its Security Business, succeeding David Goeckeler, who last June was promoted from managing the company's security operations to handle both security and Cisco's core networking hardware business as senior vice president and general manager of the Networking and Security Business.

Cisco Systems Inc. (Nasdaq: CSCO)'s security revenue is a sliver of its total, but Ulevitch believes that comparison skews how the operation is viewed. Security operations at Cisco are heading toward a $2 billion run rate in sales and the operation is experiencing consistent double-digit growth. No one else comes close to that, Ulevitch bragged to Light Reading in a recent interview -- not Palo Alto, not Symantec, he said.

Palo Alto Networks Inc. had 2016 revenue of $1.4 billion (Palo Alto's fiscal 2016 ended August 13). Symantec Corp. (Nasdaq: SYMC) reported 2016 revenue of $3.6 billion. Neither is experiencing consistent double-digit growth rates, however.

Want to know more about how to secure data, networks, and services? Check out our security channel here on Light Reading.

Either way, security is clearly a big and still-growing business for Cisco and others. Intel for example, acquired McAfee, and is building a security operation around that. Oracle in November bought cloud security startup Palerra, which was founded by Oracle alumni.

Cisco itself achieved its size in security through acquisition. In 2013 the company bought Sourcefire for $2.7 billion, in 2015 spent $652.5 million on OpenDNS and another $452.5 million on Lancope and earlier this year added CloudLock for $293 million.

Ulevitch joined with OpenDNS, a cloud security specialist he founded in 2006. His appointment was announced on Twitter by John N. Stewart, Cisco's senior vice president and chief security and trust officer.

— Brian Santo, Senior Editor, Components, T&M, Light Reading

About the Author(s)

Brian Santo

Senior editor, Test & Measurement / Components, Light Reading

Santo joined Light Reading on September 14, 2015, with a mission to turn the test & measurement and components sectors upside down and then see what falls out, photograph the debris and then write about it in a manner befitting his vast experience. That experience includes more than nine years at video and broadband industry publication CED, where he was editor-in-chief until May 2015. He previously worked as an analyst at SNL Kagan, as Technology Editor of Cable World and held various editorial roles at Electronic Engineering Times, IEEE Spectrum and Electronic News. Santo has also made and sold bedroom furniture, which is not directly relevant to his role at Light Reading but which has already earned him the nickname 'Cribmaster.'

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