Silicon Investor (SI) -- The First Internet Community

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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (25004)	12/14/2000 12:57:41 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

CSCO--Cisco to Acquire Wireless Tech Firm for $155 Million in Stock By Ilan Tsapovski Editorial Assistant 12/14/00 12:20 PM ET Cisco (CSCO:Nasdaq - news) signed a definitive agreement to acquire privately held ExiO Communications in an all-stock deal worth about $155 million. ExiO, which is based in San Jose, Calif., develops in-building, wireless technologies for corporate networks based on standard, code division multiple access technologies. The company has 38 employees. Cisco expects to record a charge of about 1 cent a share from the purchase, which the company expects to close in the third fiscal quarter. Analysts expect the company to earn 20 cents a share in the period, according to First Call/Thomson Financial. Shares of Cisco were recently trading up 56 cents, or 1.1%, to $51.75 in Nasdaq trading.