Cisco Acquires Jasper Technologies for $1,400,000,000

  • Feed Type
  • Date
    2/3/2016
  • Company Name
    Jasper Technologies
  • Mailing Address
    189 North Bernardo Avenue Mountain View, CA 94043 USA
  • Company Description
    Jasper Technologies is a one-stop shop for enterprises, OEMs, solution providers and operators who want to capitalize on a world of connected devices.
  • Website
    http://www.jasper.com
  • Transaction Type
    M&A
  • Transaction Amount
    $1,400,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the agreement, Cisco will pay $1.4 billion in cash and assumed equity awards, plus additional retention based incentives.

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