M&A Deal Summary

Cisco Systems Acquires Axiom Systems Holdings

On August 22, 2011, Cisco Systems acquired software company Axiom Systems Holdings from Comptel for 31M USD

Acquisition Highlights
  • This is Cisco Systems’ 62nd transaction in the Software sector.
  • This is Cisco Systems’ 118th largest (disclosed) transaction.
  • This is Cisco Systems’ 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2011-08-22
Target Axiom Systems Holdings
Sector Software
Buyer(s) Cisco Systems
Sellers(s) Comptel
Deal Type Divestiture
Deal Value 31M USD

Target

Axiom Systems Holdings

Reading, United Kingdom
website
AXIOSS is a unique platform empowering Communications Service Providers with the ability to design, create and deliver next generation Triple Play services such as IPTV and VoIP, over agnostic broadband and IP networks.

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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 149 of 222
Sector (Software) 62 of 88
Type (Divestiture) 7 of 7
Country (United Kingdom) 3 of 9
Year (2011) 4 of 6
Size (of disclosed) 118 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-12 Pure Digital Technologies

San Francisco, California, United States

Pure Digital Technologies, Inc. is a creator of the best-selling Flip Video brand, is a pioneer in developing consumer-friendly video solutions with mass-market appeal.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-29 TaskDock

San Francisco, California, United States

TaskDock, LLC ( dba Versly) integrates collaboration capabilities via a plug-in into Microsoft Office applications, simplifying the way people work by enabling more effective collaboration around content in documents, spreadsheets, presentations and email.

Buy -

Seller(S) 1

SELLER

Comptel

Helsinki, Finland

website


Category Company
Founded 1986
Sector Software
Employees683
DESCRIPTION

Comptel is an international software and services company specialised in telecommunications and serving any company which has the need for processing staggering amount of data and acting upon it.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-21 Axiom Systems Holdings

Reading, United Kingdom

AXIOSS is a unique platform empowering Communications Service Providers with the ability to design, create and deliver next generation Triple Play services such as IPTV and VoIP, over agnostic broadband and IP networks.

Buy £7M