M&A Deal Summary

Cisco Systems Acquires Richards-Zeta Building Intelligence

On January 27, 2009, Cisco Systems acquired information technology company Richards-Zeta Building Intelligence

Acquisition Highlights
  • This is Cisco Systems’ 32nd transaction in the Information Technology sector.
  • This is Cisco Systems’ 120th transaction in the United States.
  • This is Cisco Systems’ 72nd transaction in California.

M&A Deal Summary

Date 2009-01-27
Target Richards-Zeta Building Intelligence
Sector Information Technology
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target

Richards-Zeta Building Intelligence

Santa Barbara, California, United States
Richards-Zeta Building Intelligence, Inc. is a provider of intelligent middleware technology that enables businesses to integrate building infrastructure and information technology (IT) applications over a common Internet Protocol (IP) network, resulting in improved efficiencies, greater energy savings and a reduced carbon footprint.

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Buyer(S) 1

Buyer

Cisco Systems

San Jose, California, United States

Category Company
Founded 1984
Sector Technology Hardware
Employees90,400
Revenue 53.8B USD (2024)
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 133 of 223
Sector (Information Technology) 32 of 45
Type (Add-on Acquisition) 128 of 215
State (California) 72 of 112
Country (United States) 120 of 189
Year (2009) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-19 Jabber

Denver, Colorado, United States

Jabber is a provider of single interface across presence, instant messaging (IM), voice, video, voice messaging, desktop sharing, and conferencing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-19 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.

Buy $590M