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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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Launch Movers and shakers slideshow

French mergers and acquisitions lawyer Laurent Faugerolas joined Dechert LLP. For other updates launch today's Movers & shakers slideshow.


Struggling TeleCommunication Systems is sold

After announcing in July that it was exploring strategic alternatives, TeleCommunication Systems Inc. has agreed to sell to Comtech Telecommunications Corp. in a transaction with an enterprise value of $430.8 million. More video