Tech Company M&A Transactions
WebEx Communications Acquisition
Operating out of Santa Clara, WebEx Communications was acquired by Cisco. The transaction price was $2.9 billion.
Transaction Overview
Company Name
Acquired By
Announced On
3/15/2007
Transaction Type
M&A
Amount
$2,900,000,000
M&A Terms
Under the terms of the agreement, Cisco will commence a cash tender offer to purchase all of the outstanding shares of WebEx for $57 per share and will assume outstanding share-based awards, for an aggregate purchase price of approximately $3.2 billion, or approximately $2.9 billion net of WebEx's existing cash balance.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
3979 Freedom Circle
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Not Recorded
Overview
WebEx creates solutions for organizations worldwide to meet their most ambitious goals for marketing, sales, training, and support.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Subrah Iyar
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