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Cisco Systems Completes Acquisition of Pentacom
June 19, 2000
SAN JOSE, CA -- Cisco Systems, Inc., today announced it has completed the acquisition of Pentacom of Herzliya, Israel.
On April 11, 2000, Cisco announced a definitive agreement to acquire Pentacom, a leading provider of products implementing Spatial Reuse Protocol (SRP) which allows IP based metropolitan networks to offer the same protection and restoration benefits as SONET-based networks while doubling bandwidth efficiency. This acquisition is being accounted for using purchase accounting.
http://www.cisco.com/warp/public/146/pressroom/2000/jun00/corp_061600b.htm
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