M&A Deal Summary

Cisco Systems Acquires LightSpeed International

On December 22, 1997, Cisco Systems acquired software company LightSpeed International for 160M USD

Acquisition Highlights
  • This is Cisco Systems’ 3rd transaction in the Software sector.
  • This is Cisco Systems’ 65th largest (disclosed) transaction.
  • This is Cisco Systems’ 20th transaction in the United States.
  • This is Cisco Systems’ 1st transaction in Vermont.

M&A Deal Summary
Date 1997-12-22
Target LightSpeed International
Sector Software
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 160M USD

Target

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.

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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 21 of 223
Sector (Software) 3 of 88
Type (Add-on Acquisition) 19 of 215
State (Vermont) 1 of 2
Country (United States) 20 of 189
Year (1997) 6 of 6
Size (of disclosed) 65 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-28 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-19 WheelGroup

United States

WheelGroup is a provider of software that detects unauthorized efforts to break into corporate networks. Its software can detect both hackers trying to break in from the Internet and internal users snooping around in areas for which they don't have the proper authorization.

Buy $124M
Mergr

Product

Company

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