Cisco purchases GeoTel for $1.9 billion

Article Abstract:

Cisco Systems Inc. has reached an agreement to purchase GeoTel Communications Corp. in a stock transaction worth $1.9 billion. GeoTel is a manufacturer of computer software. The move is part of Cisco's rapid entry into the voice-related technology market. The deal is also the second-largest in Cisco's history. GeoTel produces software that routs telephone calls to call centers or other resources from the customers of companies.

Comment:

Cisco Systems to purchase GeoTel Communications in stock transaction worth $1.9 billion

United States, Telephone Apparatus Manufacturing, Computer Software, Software Publishers, Data Communications Equip, Computer network equipment industry, Network hardware industry, Software, Data communications equipment, Cisco Systems Inc., GeoTel Communications Corp.

---

Brokat to buy software firm in net banking

Article Abstract:

Brokat Infosystems AG announced that it is acquiring MeTechnology Europe GmbH. The terms of the deal had not been concluded by the time of the announcement. The acquisition will strengthen Brokat's presence as a leader in European Internet banking technology Both Brokat and MeTechnology are well-known for their internet banking and electronic commerce banking technology.

Comment:

Brokat Infosystems to acquire MeTechnology Europe GmbH

Prepackaged software, Germany, Financial software, BROKAT Infosystems AG, MeTechnology Europe GmbH

---

Similar abstracts:

• Abstracts: World-wide sales of drugs rise 8% to $430.3 billion. Rathman to chair ZymoGenetics. Merck appoints chief of research and development
• Abstracts: Apollo lifts offer for Countrywide: new rival bid forces buyout firm's hand, delays court backing. Bipop-Carire seeks controlling stake in investment firm
• Abstracts: Kirsch, Berlusconi agree to form television alliance. ProSieben to start news channel in 2000. Bellens wants RTL to get to the peak
• Abstracts: Tapping India for antibiotics. Powell seeks to assure leaders in India and Pakistan
• Abstracts: Interbrew sells 80% of Blue Jays in $112 million deal. Interbrew takes an 80% stake in Diebels

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.