Tech Company M&A Transactions
Sheer Networks Acquisition
On 7/26/2005, Sheer Networks was acquired by Cisco. Cisco said the transaction price was $97 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/26/2005
Transaction Type
M&A
Amount
$97,000,000
M&A Terms
Under the terms of the agreement, Cisco will pay approximately $97 million in cash and assumed options for Sheer Networks. In addition, the acquisition price may be increased by as much as $25 million depending on the degree to which certain development and product milestones are met after close.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
555 North Mathilda Ave
San Jose, CA 95130
USA
San Jose, CA 95130
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Sheer Networks is a pioneer in the development of intelligent network and service management products for service providers and large enterprises
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Klod Ghez
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We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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