M&A Deal Summary

Cisco Systems Acquires Slido s.r.o

On December 7, 2020, Cisco Systems acquired internet software and services company Slido s.r.o

Acquisition Highlights
  • This is Cisco Systems’ 34th transaction in the Internet Software and Services sector.
  • This is Cisco Systems’ 1st transaction in Slovakia.

M&A Deal Summary
Date 2020-12-07
Target Slido s.r.o
Sector Internet Software and Services
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target

Slido s.r.o

Bratislava, Slovakia
website
Slido s.r.o. is a technology company that provides an audience interaction platform. Slido technology enables higher levels of user engagement―before, during and after meetings and events.

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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 215 of 222
Sector (Internet Software and Services) 34 of 35
Type (Add-on Acquisition) 207 of 214
Country (Slovakia) 1 of 1
Year (2020) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-06 IMImobile

London, United Kingdom

IMImobile is a technology company providing software and services to businesses that capitalize on the growth in mobile communication. Its services, delivered in over 60 countries in Europe, the Americas, MEA, and India, help its clients to engage and transact with their customers more efficiently through smarter mobile engagement. IMImobile was founded in 1999 and is based in London, United Kingdom.

Buy $730M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Socio

Indianapolis, Indiana, United States

Socio is a modern event technology platform that provides event organizers with everything they need to successfully host in-person, virtual, or hybrid events of any size and format. Socio Labs offers Webex powerful technology to provide customers with an unparalleled hybrid event management solution to engage participants whether they join in person or virtually. Socio was founded in 2016 and is based in Indianapolis, Indiana.

Buy -
Mergr

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