Cisco Acquires BroadSoft For $1.9 Billion
San Jose-based Cisco said this morning that it has acquired Maryland-based BroadSoft, in a deal worth $1.9 billion. According to Cisco, it will pay $55 per share in cash for publicly held BroadSoft. BroadSoft is a developer of cloud calling and contact center software. BroadSoft becomes part of Cisco's Applications Business Group.
posted on Monday, October 23, 2017
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