Cisco Acquires CoreOptics For $99 Million In Cash

Cisco Systems has acquired digital signal processing company CoreOptics for $99 million in cash and retention-based incentives. The acquisition is subject to closing conditions and is expected to close by the second half of this year. [TechCrunchIT]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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