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M&A Deal Summary

Cisco Systems Acquires ContainerX

On August 30, 2016, Cisco Systems acquired internet software and services company ContainerX

Acquisition Highlights
  • This is Cisco Systems’ 28th transaction in the Internet Software and Services sector.
  • This is Cisco Systems’ 165th transaction in the United States.
  • This is Cisco Systems’ 99th transaction in California.

M&A Deal Summary
Date 2016-08-30
Target ContainerX
Sector Internet Software and Services
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target

ContainerX

San Jose, California, United States
ContainerX focuses on building technology to help enterprises manage, orchestrate and integrate containers across data centers. ContainerX is based in San Jose, California.

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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 194 of 223
Sector (Internet Software and Services) 28 of 35
Type (Add-on Acquisition) 187 of 215
State (California) 99 of 112
Country (United States) 165 of 189
Year (2016) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 Synata

San Francisco, California, United States

Synata’s technology allows users to search both on-premise and cloud-based applications simultaneously from one platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Heroik Labs

San Francisco, California, United States

Worklife is a provider of software to improve meeting productivity. Worklife was established in 2014 and is headquartered in San Francisco, California.

Buy -
Mergr

Product

Company

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