M&A Deal Summary

Cisco Systems Acquires BroadSoft

On October 23, 2017, Cisco Systems acquired software company BroadSoft for 1.9B USD

Acquisition Highlights
  • This is Cisco Systems’ 78th transaction in the Software sector.
  • This is Cisco Systems’ 13th largest (disclosed) transaction.
  • This is Cisco Systems’ 173rd transaction in the United States.
  • This is Cisco Systems’ 3rd transaction in Maryland.

M&A Deal Summary
Date 2017-10-23
Target BroadSoft
Sector Software
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 1.9B USD

Target

BroadSoft

Gaithersburg, Maryland, United States
website
BroadSoft, Inc. is a provider of software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. BroadSoft was formed in 1998 and is headquartered in Gaithersburg, Maryland.

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Buyer(S) 1

Buyer

Cisco Systems

San Jose, California, United States

website

Category Company
Founded 1984
Sector Technology Hardware
Employees83,300
Revenue 51.6B USD (2022)
DESCRIPTION
Entrance to Cisco's corporate campus in San Jose, California.
Entrance to Cisco's corporate campus in San Jose, California.

Cisco Systems designs, manufactures, and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provides services associated with these products and their use. Cisco provides a broad line of products for transporting data, voice, and video within buildings, across campuses, and around the world. The Company's products are designed to transform how people connect, communicate, and collaborate, and are installed at enterprise businesses, public institutions, telecommunications companies and other service providers, commercial businesses, and personal residences. Cisco was founded in 1984 and is based in San Jose, California.

DEAL STATS #
Overall 203 of 222
Sector (Software) 78 of 88
Type (Add-on Acquisition) 195 of 214
State (Maryland) 3 of 3
Country (United States) 173 of 188
Year (2017) 8 of 8
Size (of disclosed) 13 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-19 Perspica

San Jose, California, United States

Perspica helps companies keep their critical applications and infrastructure running at desired service levels. The Company provides heuristic anomaly detection, automated troubleshooting and actionable recommendations through deep learning and advanced analytics. We preempt incidents using predictive analytics and provide Incident Replay™, a powerful time machine for data, which is vital for real-time and post-mortem analysis. The Perspica solution is designed for modern apps leveraging micro-services and container technologies to enable TechOps and DevOps teams to collaborate and be more productive. Perspica enhances and adapts to end-user behavior engagement through the use of autonomous bots and a visual analytics platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Synamedia

Middlesex, United Kingdom

Synamedia is a global provider of video software and solutions to the Pay TV industry. Synamedia helps operators secure their video content, deliver rich experiences to their end viewers across channels and devices, and offers next-generation piracy protection and advertising solutions. Synamedia was formed in 2018 and is based in Middlesex, England.

Sell -
Mergr

Product

Company

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