Latigent
| Company type | Public |
|---|---|
| Industry | Computer networking |
| Founded | 1984 |
| Headquarters | San Jose, California , United States |
Area served | Worldwide |
| Products | Networking hardware, software, and telecommunications equipment |
| Website | www |
Cisco Systems, Inc., widely recognized as Cisco, is a leading American firm in the computer networking sector. The company embarked on its acquisition journey in 1993, initiating a succession of further purchases.
History
Established in 1984, Cisco refrained from acquiring any firms during its initial seven years. Its first acquisition occurred on September 24, 1993, when it purchased Crescendo Communications, a company specializing in LAN switching. Since that milestone, acquisitions have contributed to half of Cisco's overall business operations.
By 2023, Cisco's most significant acquisition was the $28 billion deal for Splunk, a software enterprise focused on analyzing and monitoring machine-generated data. Before this, the largest acquisitions were the $6.9 billion procurements of Cerent Corporation and Scientific Atlanta.
The majority of acquired businesses are U.S.-based and operate within the computer networking domain, encompassing technologies such as LAN switching and Voice over Internet Protocol (VoIP). By the year 2011, Cisco had completed 149 acquisitions.
Acquisitions
Cisco generally acquires entire companies, with transaction dates and amounts reported in U.S. dollars due to its headquarters located in California.
Acquisitions have played a pivotal role in Cisco’s expansion strategy, with expenditures exceeding $70 billion for nearly 218 companies as of October 2021.
| Date | Company | Business | Country | Value (USD) | References | ||
|---|---|---|---|---|---|---|---|
|
Crescendo Communications | LAN switching | Template:USA | $94.5 million | |||
|
Newport Systems Solutions | Routers | Template:USA | $95 million | |||
|
Kalpana | LAN switching | Template:USA | $204 million | |||
|
LightStream | ATM switching | Template:USA | $120 million | |||
|
Combinet | Remote office routers | Template:USA | $114.2 million | |||
|
Splunk | Cybersecurity and Observability software | Template:USA | $28 billion |