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Acquisitions Season Kicking on in Silicon Valley

NetScreen Tech acquires Neoteris for $295 mn

It is the arguably biggest payout yet for an Indian start-up in Silicon Valley. Network security provider NetScreen Technologies’ acquisition of network IP solutions firm Neoteris, Inc. for $295 million, announced late on Monday, is said to be the industry’s biggest security acquisition in the last three years — a sign of Silicon Valley’s renewed interest in upcoming start-ups.