Add-on Acquisition • Technology Hardware

Cisco Systems Acquires Newport Systems Solutions

On July 12, 1994, Cisco Systems acquired technology hardware company Newport Systems Solutions

Acquisition Context
  • This is Cisco Systems’ 2nd transaction in the Technology Hardware sector.
  • This is Cisco Systems’ 2nd transaction in the United States.
  • This is Cisco Systems’ 2nd transaction in California.

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M&A Deal Summary

Date July 12, 1994
Target Newport Systems Solutions
Sector Technology Hardware
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target Company

Newport Systems Solutions

Irvine, California, United States
Newport manufactures and markets multiprotocol routing solutions for WANs and LANs. The company'sLAN2LAN routers support multiple Novell and non-Novell platforms and arecapable of routing IPX, AppleTalk and TCP/IP traffic.
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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 2 of 223
Sector: Technology Hardware 2 of 40
Type: Add-on Acquisition 2 of 215
State: California 2 of 112
Country: United States 2 of 189
Year: 1994 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1993-09-24 Crescendo Communications

Sunnyvale, California, United States

Crescendo is a networking company providing high-performance workgroup solutions to the desktop

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-10-24 Kalpana

San Jose, California, United States

Kalpana is considered to be the inventor of Ethernet switching, and designs and manufactures internetworking products thatincrease the throughput of Ethernet networks. This technology enables Kalpana's Ethernet switching products to significantly extend the usabilityand data-carrying capacity of existing Ethernet local area networks.

Buy -