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Cisco Systems Inc Completes Acquisition Of Ubiquisys


Friday, 24 May 2013 08:00am EDT 

Cisco Systems Inc announced it has completed the acquisition of privately held Ubiquisys. Headquartered in Swindon, U.K., Ubiquisys is a provider of intelligent 3G and long-term evolution (LTE) small-cell technologies that provide seamless connectivity across mobile heterogeneous networks for service providers. Ubiquisys employees will be integrated into the Cisco Mobility Business Group, reporting to Partho Mishra, vice president and general manager, Service Provider Small Cell Technology Group. Under the terms of the agreement, Cisco is paying approximately $310 million in cash and retention-based incentives to acquire the entire business and operations of Ubiquisys. 

Company Quote

26.935
0.125 +0.47%
11:15am EST