Cisco Systems Acquires Semiconductor Firm
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Under the terms of the agreement, between 6.31 and 7.72 million shares of Cisco common stock will be exchanged for all outstanding shares and options of StratumOne.
Cisco said the acquisition will equip service providers with "high-end platforms to accelerate deployment of advanced services that integrate data, voice and video."
The acquisition builds on an existing relationship between the two companies that included a minority investment by Cisco in StratumOne in January.