Add-on Acquisition • Software

Cisco Systems Acquires SignalWorks

On May 16, 2003, Cisco Systems acquired software company SignalWorks

Acquisition Context
  • This is Cisco Systems’ 22nd transaction in the Software sector.
  • This is Cisco Systems’ 69th transaction in the United States.
  • This is Cisco Systems’ 36th transaction in California.

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M&A Deal Summary

Date May 16, 2003
Target SignalWorks
Sector Software
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target Company

SignalWorks

Mountain View, California, United States
SignalWorks, of Mountain View, Calif., a developer of advanced software that delivers high-performance audio capabilities for IP telephony systems.
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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 79 of 223
Sector: Software 22 of 87
Type: Add-on Acquisition 75 of 215
State: California 36 of 112
Country: United States 69 of 189
Year: 2003 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-20 The Linksys Group

Irvine, California, United States

Linksys is a provider of home networking equipment.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-12 Latitude Communications

Santa Clara, California, United States

Latitude is a provider of enterprise conferencing products with its MeetingPlace audio and web conferencing solution.

Buy $80M