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To: pirate_200 who started this subject7/26/2000 5:12:32 PM
From: pirate_200   of 53
 
"Cisco Acquires Voice-Over-IP Developer For $175 Million"

Here's another M&A VoIP deal, valuing employees
at around $7M per head!

"SAN JOSE, Calif. -- Cisco Systems said it acquired
Komodo Technology, a developer of voice-over-IP
devices that enable analog telephones to place calls
over IP-based networks. The all stock transaction
is valued at approximately $175 million. This includes
a 10.5% minority investment Cisco Systems made in
Komodo Technology in March. ESS, a publicly traded
developer of chipsets and other media convergence
technologies, holds a minority stake of 23% in Komodo
Technology. The 25 Komodo employees and company
CEO Jan Fandriato will join the packet telephony
division in Cisco's service provider line of business."
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