IFLR1000

Cisco $1.9 billion acquisition of Broadsoft

22/10/2017
Public acquisition
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$ 1.9 billion

Announced

22/10/2017

Overview:

  • Cisco has acquired communications software company Broadsoft for $1.9 billion.
  • The deal is part of Cisco's expanding communications portfolio. 
  • Broadsoft will operate individually within Cisco's group. 
  • This year Cisco also acquired AppDynamics in a $3.7 billion deal.
  • Merrill Lynch provided financial advice to Cisco.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:
Cooley

Party: BroadSoft (Target)

Lawyers: Barbara Borden, Darren DeStefano, Kevin Mills

Fenwick & West

Party: Cisco (Acquirer)

Lawyers: Douglas Cogen, Ken Myers

Sullivan & Cromwell

Party: Merrill Lynch (Financial adviser)

Lawyer: Alison Ressler

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