M&A Deal Summary

Cisco Systems Acquires Dagaz xDSL Business - Integrated Network

On July 28, 1997, Cisco Systems acquired technology hardware company Dagaz xDSL Business - Integrated Network

Acquisition Highlights
  • This is Cisco Systems’ 9th transaction in the Technology Hardware sector.
  • This is Cisco Systems’ 19th transaction in the United States.
  • This is Cisco Systems’ 1st transaction in New Jersey.

M&A Deal Summary
Date 1997-07-28
Target Dagaz xDSL Business - Integrated Network
Sector Technology Hardware
Buyer(s) Cisco Systems
Deal Type Divestiture

Target

Dagaz xDSL Business - Integrated Network

Bridgewater, New Jersey, United States
Dagaz xDSL business of Integrated Network Corporation is a broadband networking company providing a suite of products for high speed information transmission over existing copper phone lines.

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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 20 of 223
Sector (Technology Hardware) 9 of 40
Type (Divestiture) 2 of 7
State (New Jersey) 1 of 4
Country (United States) 19 of 189
Year (1997) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-24 Global Internet Software Group

United States

Global Internet Software Group specializes in security solutions for Microsoft Windows NT networks.

Buy $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-12-22 LightSpeed International

Sterling, Vermont, United States

LightSpeed has developed leading-edge voice protocol conversion and intelligent call control software which enables signaling to be transmitted among diverse sets of voice protocols and applications.

Buy $160M
Mergr

Product

Company

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