Cisco to Buy Broadsoft for $1.9 Billion
Cisco agreed to pay $1.9 billion cash to acquire BroadSoft, a cloud-based unified communications provider for small and medium-sized businesses, Cisco said in a Monday news release. The deal is expected to close in Q1, subject to closing conditions and…
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regulatory review. Cisco has made about 200 acquisitions, said Vice President-Corporate Development Rob Salvagno.