M&A Deal Summary

Cisco Systems Acquires StrataCom

On April 22, 1996, Cisco Systems acquired technology hardware company StrataCom for 4.0B USD

Acquisition Highlights
  • This is Cisco Systems’ 6th transaction in the Technology Hardware sector.
  • This is Cisco Systems’ 6th largest (disclosed) transaction.
  • This is Cisco Systems’ 10th transaction in the United States.
  • This is Cisco Systems’ 9th transaction in California.

M&A Deal Summary

Date 1996-04-22
Target StrataCom
Sector Technology Hardware
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 4.0B USD

Target

StrataCom

San Jose, California, United States
StrataCom, Inc., a manufacture of Asyncronous Transfer Mode (ATM) and Frame Relay high-speed wide area network (WAN) switching equipment that integrates and transports a wide variety of information, including voice, data and video.

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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 10 of 223
Sector: Technology Hardware M&A 6 of 40
Type: Add-on Acquisition M&A Deals 10 of 215
State: California M&A 9 of 112
Country: United States M&A 10 of 189
Year: 1996 M&A 2 of 7
Size (of disclosed) 6 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-23 TGV Software

Santa Cruz, California, United States

TGV Software develops and markets an integrated set of standards-based inter-networking software for the VMS operating environment.

Buy $115M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-08-06 Nashoba Networks

United States

Nashoba Networks, Inc. provides Token Ring switching technologies.

Buy $100M