M&A Deal Summary

Cisco Systems Acquires SolveDirect Service Management

On March 25, 2013, Cisco Systems acquired internet software and services company SolveDirect Service Management

Acquisition Highlights
  • This is Cisco Systems’ 15th transaction in the Internet Software and Services sector.
  • This is Cisco Systems’ 1st transaction in Austria.

M&A Deal Summary

Date 2013-03-25
Target SolveDirect Service Management
Sector Internet Software and Services
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition

Target

SolveDirect Service Management

Vienna, Austria
SolveDirect Service Management GmbH is a provider of cloud-delivered software that integrates services management.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 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 STATS #
Overall 164 of 223
Sector: Internet Software and Services M&A 15 of 36
Type: Add-on Acquisition M&A Deals 157 of 215
Country: Austria M&A 1 of 1
Year: 2013 M&A 3 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-25 Cognitive Security s.r.o.

Prague, Czech Republic

Cognitive Security s.r.o. is a privately-held company headquartered in Prague, Czech Republic. Cognitive Security is focused on taking cutting edge research in the field of network security and applying artificial intelligence techniques to detect advanced cyber threats.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-24 Ubiquisys

Swindon, United Kingdom

Ubiquisys is a provider of intelligent 3G and long-term evolution (LTE) small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers.

Buy $310M