M&A Deal Summary

Cisco Systems Acquires WebEx Communications

On March 15, 2007, Cisco Systems acquired internet software and services company WebEx Communications for 3.2B USD

Acquisition Highlights
  • This is Cisco Systems’ 6th transaction in the Internet Software and Services sector.
  • This is Cisco Systems’ 9th largest (disclosed) transaction.
  • This is Cisco Systems’ 109th transaction in the United States.
  • This is Cisco Systems’ 66th transaction in California.

M&A Deal Summary

Date 2007-03-15
Target WebEx Communications
Sector Internet Software and Services
Buyer(s) Cisco Systems
Deal Type Add-on Acquisition
Deal Value 3.2B USD

Target

WebEx Communications

Santa Clara, California, United States
WebEx Communications, Inc. is a provider of cloud based real-time communications for business meetings on the Web that integrate voice, video, and data.

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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 121 of 223
Sector (Internet Software and Services) 6 of 35
Type (Add-on Acquisition) 116 of 215
State (California) 66 of 112
Country (United States) 109 of 189
Year (2007) 7 of 13
Size (of disclosed) 9 of 133
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-13 NeoPath Networks

Mountain View, California, United States

NeoPath Networks is a provider of high performance and highly scalable file storage management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-29 SpansLogic

Mountain View, California, United States

SpansLogic is a provider of processors that dramatically improve packet processing speeds across the network. Company designs semiconductors to increase network packet processing speeds.

Buy -