Xconomy Seattle

Cisco Systems, Inc. Acquires Pure Networks, Inc. for $120,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ffbfd0eb-df01-425f-8e0b-22044c9a26b5&Preview=1
Date
7/23/2008
Company Name
Pure Networks, Inc.
Mailing Address
1201 3rd Avenue Seattle, WA 98101
Company Description
Pure Networks, Inc. is the leading creator of home networking software and services.
Website
http://www.purenetworks.com
Transaction Type
M&A
Transaction Amount
$120,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Under the terms of the agreement, Cisco will pay approximately $120 million in exchange for all shares of Pure Networks.