M&A Deal Summary

Cisco Systems Acquires Amteva Technologies

On April 28, 1999, Cisco Systems acquired software company Amteva Technologies for 170M USD

Acquisition Highlights
  • This is Cisco Systems’ 9th transaction in the Software sector.
  • This is Cisco Systems’ 64th largest (disclosed) transaction.
  • This is Cisco Systems’ 31st transaction in the United States.
  • This is Cisco Systems’ 2nd transaction in Vermont.

M&A Deal Summary
Date 1999-04-28
Target Amteva Technologies
Sector Software
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 170M USD

Target

Amteva Technologies

Glen Allen, Vermont, United States
Amteva, a privately held company, develops middleware that allows a user to combine voicemail, email, and fax traffic into a single mailbox accessible over an Internet protocol (IP) network.

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Buyer(S) 1

Buyer

Cisco Systems

San Jose, California, United States
Category Company
Founded 1984
Sector Technology Hardware
Employees84,900
Revenue 57.0B USD (2023)
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 33 of 223
Sector (Software) 9 of 88
Type (Add-on Acquisition) 31 of 215
State (Vermont) 2 of 2
Country (United States) 31 of 189
Year (1999) 3 of 18
Size (of disclosed) 64 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-04-13 GeoTel Communications

Littleton, Massachusetts, United States

The GeoTel software solution integrates enterprise data applications with voice infrastructure devices such as PBXs to deliver integrated data and voice to call centers over an Internet infrastructure and the PSTN.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-17 TransMedia Communications

San Jose, California, United States

TransMedia has developed an industry-leading Media Gateway technology that seamlessly unites the multiple networks (ATM, IP, PSTN) of public voice communications, providing a successful transition to New World networks.

Buy $407M
Mergr

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