Cisco Acquires BroadSoft for $1.9B
October 23, 2017
Cisco agreed to acquire BroadSoft, a provider of cloud PBX, unified communications, team collaboration and contact center software, for $1.9 billion (paying $55 per share). The deal strengthens Cisco's software- and cloud-focused collaboration portfolio and brings BroadSoft's large service-provider customer base and cloud voice/contact-center capabilities into Cisco's applications group.
- Buyers
- Cisco
- Targets
- BroadSoft
- Sellers
- BroadSoft shareholders
- Industry
- Cloud & SaaS
- Location
- Maryland, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Broadcom Completes Acquisition of VMware
November 22, 2023
Cloud & SaaS
Broadcom completed its acquisition of VMware in a cash-and-stock transaction valued at approximately $61 billion, with Broadcom also assuming about $8 billion of VMware net debt. After closing, VMware’s common stock ceased trading on the NYSE, and the Broadcom Software Group rebranded and operates as VMware.
-
Cisco Acquires Splunk for $28 Billion
September 21, 2023
Cybersecurity
Cisco entered into and then completed a definitive agreement to acquire Splunk for $157 per share in cash, valuing the equity at approximately $28 billion. The deal is expected to strengthen Cisco’s security and observability offerings and accelerate its transition to more recurring revenue.
-
Zoom Video Communications Acquires Five9 for $14.7 Billion
July 19, 2021
Cloud & SaaS
Zoom Video Communications entered into a definitive agreement to acquire Five9 in an all-stock transaction valued at about $14.7 billion. The deal combines Five9’s cloud contact center as a service (CCaaS) with Zoom’s communications platform to create a broader customer engagement offering.
-
Aurea Acquires BroadVision
March 30, 2020
Cloud & SaaS
Aurea Software, backed by ESW Capital, has acquired BroadVision, a pioneer in complex document creation, management and collaboration tools. The deal was completed as part of a pre-packaged Chapter 11 reorganization: BroadVision shareholders are to receive at least $4.375 per share and ESW Capital will receive the shares of the reorganized company. Aurea plans to integrate BroadVision's capabilities into its Aurea Unlimited enterprise software library to strengthen its collaboration offerings.
-
BroadSoft Acquires VoIP Logic
October 31, 2016
Telecommunications
BroadSoft, Inc. has acquired VoIP Logic, a wholesale provider of BroadWorks-based cloud communications services. The acquisition adds VoIP Logic's cloud PBX and BroadCloud-compatible capabilities to BroadSoft's BroadCloud UCaaS portfolio to better serve service providers seeking cloud-based unified communications.
-
Cisco Systems Acquires Tandberg
October 1, 2009
Telecommunications
Cisco Systems completed a takeover of Oslo-based videoconferencing vendor Tandberg in a deal valued at about $3.3 billion, gaining control of 91.1% of shares and launching a compulsory acquisition for the remainder. The acquisition expands Cisco's telepresence and videoconferencing portfolio; former Tandberg CEO Fredrik Halvorsen will join Cisco as senior vice president and head of its TelePresence Technology Group.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.