Cisco Acquires Lightwire for $271,000,000

  • Feed Type
  • Date
    2/24/2012
  • Company Name
    Lightwire
  • Mailing Address
    3900 Freedom Circle Santa Clara, PA 95054
  • Company Description
    Lightwire’s mission is to deliver the lowest power, highest performance 10 Gbps and faster interconnect solutions using advanced CMOS photonics technology.
  • Website
    http://www.lightwire.com
  • Transaction Type
    M&A
  • Transaction Amount
    $271,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Cisco will pay approximately $271 million in cash and retention-based incentives in exchange for all shares of Lightwire.