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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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David C. Boutry joined Platinum Equity LLC as a principal and head of the global business development team. For other updates launch today's Movers & shakers slideshow.

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Australian manufacturing company Orica sells its chemical business to Blackstone Group

After marketing its chemical business for more than a year, Australian manufacturing company Orica Ltd. is selling the unit to funds advised by Blackstone Group LP for a relatively low Ebitda multiple, reports The Deal's Tatjana Kulkarni. More video

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