May 1 (Reuters) - Cisco Systems Inc:
* CISCO - WILL ACQUIRE ACCOMPANY FOR $270 MILLION IN CASH
* CISCO ANNOUNCES INTENT TO ACQUIRE ACCOMPANY
* CISCO - CISCO WILL ACQUIRE ACCOMPANY FOR $270 MILLION IN CASH
* CISCO - ACCOMPANY TEAM WILL JOIN CISCO COLLABORATION TECHNOLOGY GROUP UNDER CHANG’S LEADERSHIP
* CISCO - INTENT TO ACQUIRE ACCOMPANY, A PRIVATELY HELD COMPANY BASED IN LOS ALTOS, CALIF.
* CISCO - DEAL INCLUDES ASSUMED EQUITY AWARDS
* CISCO - ACCOMPANY FOUNDER AND CEO AMY CHANG WILL JOIN CISCO AS SENIOR VICE PRESIDENT IN CHARGE OF COLLABORATION TECHNOLOGY GROUP
* CISCO - CHANG HAS IN CONJUNCTION WITH TRANSACTION RESIGNED FROM CISCO BOARD
* CISCO - ROWAN TROLLOPE LEAVING CISCO TO BECOME CEO AT ANOTHER COMPANY EFFECTIVE MAY 3 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
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