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Entries tagged "Lightwire Inc."

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Cisco plugs in Lightwire for $271M

Cisco Systems Inc. announced Friday, Feb. 24, that it has agreed to acquire venture capital-backed cloud services provider Lightwire Inc. for $271 million in cash.Cisco said it will fund the acquisition through cash and retention-based incentives.Allentown, Pa.-based Lightwire makes high-speed... Continue reading

Posted on February 24, 2012 3:28 PM






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KPMG LLP named Stephanie Schnabel as head of corporate development, sourcing deals and joint ventures and working on divestitures. For other updates launch today's Movers & shakers slideshow.

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Atos acquires Xerox IT outsourcing business for $1.1B

Printer and office software maker Xerox has agreed to sell its IT outsourcing operations to Atos for $1.05 billion, almost tripling the French buyer's U.S. revenue and making America its largest market. More video

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