Effective Collaboration - Team Research for Better Returns: Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Ox who wrote (3402)	10/23/2017 8:20:34 AM
From: The Ox	Read Replies (1) of 8239

Cisco Systems Inc. CSCO, +1.48% said Monday it has reached a deal to acquire Broadsoft Inc. BSFT, +0.75% in a deal valued at about $1.9 billion net of cash. Cisco will pay $55 for each Broadsoft share, the company said in a statement. "We believe that our combined offers, from Cisco's collaboration technology for enterprises to BroadSoft's suite for small and medium businesses delivered through Service Providers will give customers more choice and flexibility," said Rowan Trollope, senior vice president and general manager of Cisco's applications business group. The deal is expected to close in the first quarter of 2018. BroadSoft shares were halted for the news, but had gained almost 17% premarket on a report the deal was pending. Cisco shares up 0.6%.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next