Cisco Acquires Lightwire for $271,000,000
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff35c79c-6233-4eb7-98d2-dfc6386ea3de&Preview=1 -
Date
2/24/2012 -
Company Name
Lightwire -
Mailing Address
3900 Freedom Circle Santa Clara, PA 95054 -
Company Description
Lightwire’s mission is to deliver the lowest power, highest performance 10 Gbps and faster interconnect solutions using advanced CMOS photonics technology. -
Website
http://www.lightwire.com -
Transaction Type
M&A -
Transaction Amount
$271,000,000 -
Transaction Round
-
Proceeds Purposes
-
M&A Terms
Cisco will pay approximately $271 million in cash and retention-based incentives in exchange for all shares of Lightwire.
