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Flock of Seagulls

Adept Technology + Pensar Tucson, ATEC + Intellesale, Cisco + Seagull Semiconductor, Conexant + Philsar, E*TwoMEDIA.com + Intelligent Card Systems, Gores Technology + Revere, HealthZone.com + SmartBasics.com, iShopper.com + NowSeven.com & Stinkyfeet.com, Margo Caribe + iTract, Pivotal + Exactium, SmartForce + Learning Productions

 Cisco (CSCO) acquires Seagull Semiconductor

 

   *  Amount:         $19 million

 

   *  Terms:            cash and stock
 

   *  Premium:        n/a

 

   *  Industry:        Computer networking equipment

 

   *  Scorecard:      B+

 


    SAN JOSE, April 12--Cisco Systems (CSCO) , which makes equipment that directs traffic on the Internet, said it would buy a unit of Israel's Seagull Semiconductor Ltd. in a $19 million deal. Cisco said in a statement that it had signed a definitive agreement to buy the unit comprising privately-held Seagull's core technology development team of 17 engineers. Cisc



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