Add-on Acquisition • Information Technology

Cisco Systems Acquires IPmobile

On September 5, 2000, Cisco Systems acquired information technology company IPmobile for 425M USD

Acquisition Context
  • This is Cisco Systems’ 25th transaction in the Information Technology sector.
  • This is Cisco Systems’ 34th largest (disclosed) transaction.
  • This is Cisco Systems’ 54th transaction in the United States.
  • This is Cisco Systems’ 4th transaction in Texas.

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M&A Deal Summary

Date September 5, 2000
Target IPmobile
Sector Information Technology
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 425M USD

Target Company

IPmobile

Richardson, Texas, United States
IPmobile develops IP radio access networks (IP-RAN) that connect wireless transmission base stations to the Internet. RANs manage and control the radio networks between the user devices like Internet-capable cell phones and the base stations, and provide access to data and voice services. IPmobile works with third-generation wireless technology.
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Buyer Overview 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 Context for Buyer #
Overall 64 of 223
Sector: Information Technology 25 of 45
Type: Add-on Acquisition 60 of 215
State: Texas 4 of 10
Country: United States 54 of 189
Year: 2000 16 of 20
Size (of disclosed) 34 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-31 PixStream

Waterloo, Ontario, Canada

PixStream is a provider of hardware and software solutions to distribute and manage digital video across all types of broadband networks.

Buy $369M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-28 Vovida Networks

San Jose, California, United States

Vovida Networks is a communications software provider and supplier of networking protocols.

Buy -