Boeing announced an agreement to acquire Narus, a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks. The acquisition follows a successful partnership between both companies and advances Boeing's strategy to offer world-class, scalable, state-of-the-art cybersecurity solutions.

Narus employs approximately 150 people globally; its headquarters are in Sunnyvale, California. Narus is privately held and the terms of the transaction, expected to close during the third quarter of 2010, were not disclosed.

"This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity," said Roger Krone, President of Boeing Network & Space Systems, a business within the Boeing Defense, Space & Security (BDS) operating unit.

Once acquired, Narus will operate within Boeing's Network & Space Systems business as a wholly owned subsidiary. In addition to supporting cyber activities within Network & Space Systems, Narus' network-centric technology also will be applied to Boeing's smart grid energy work, the secure networking of Boeing's ground, air and space products, and the defense of the Boeing network.