Cisco Grabs Pure Digital for $605M

Medford, Cassimir
March 2009
Red Herring;3/19/2009, p1
Trade Publication
The article discusses the acquisition of the Pure Digital Technologies by Cisco for $590 million. Cisco did not regard another $15 million for employee retention incentives. It is analyzed that Pure Digital Technologies' camcorders would benefit Cisco, who is said to be favoring the purchase of application software companies that market products that drive network traffic.


Related Articles

  • Cisco Engulfs Tidal Software for $105M. Medford, Cassimir // Red Herring;4/9/2009, p3 

    The article reports that Cisco will acquire information technology (IT) software management company Tidal Software for $105 million. The deal is the second for California-based Cisco, which announced its acquisition of Pure Digital Technologies in March 2009. Pund-IT Research principal analyst...

  • Cisco To Buy Pure Digital. OLENICK, DOUG // TWICE: This Week in Consumer Electronics;3/30/2009, Vol. 24 Issue 7, p40 

    This article reports on the plan of Cisco to purchase Pure Digital, makers of the Flip Video cameras. As part of the deal, Cisco will pay about $590 million in stock for Pure Digital and put an additional $15 million toward retaining Pure's employees. The deal is expected to close during the...

  • Fast Deals. Macsai, Dan; Rockwood, Kate // Fast Company;Jul/Aug2009, Issue 137, p16 

    The article reports on companies listed in the March 2009 "50 Most Innovative Companies," by the magazine "Fast Company." Pure Digital Technologies, makers of the Flip digital video recorder, came in 5th and were purchased by Cisco Systems, which was listed as 5th. Also, Walt Disney Enterprises,...

  • Cisco To Acquire Flip Video Maker. Davis, Avram // Mergers & Acquisitions Report;3/30/2009, Vol. 22 Issue 13, p18 

    The article reports on the stock-for-stock acquisition of Pure Digital Technologies by Cisco Systems Inc., a San Jose, California-based network and technology company. Under the deal, Cisco will acquire nearly all shares of Pure Digital Technologies in exchange for about 590 million U.S. dollars...

  • Building on Linksys, Cisco Flips Out. Tolkoff, Sarah // Orange County Business Journal;6/29/2009, Vol. 32 Issue 26, p1 

    The article reports on the move of Cisco Systems Inc. to combine acquisitions into a newly formed consumer group in Irvine, California. It is noted that Cisco has acquired Linksys LLC for $500 million in 2003 and Pure Digital Technologies Inc. for $590 million in 2009. It reveals that Linksys...

  • Cisco buying Flip video camera maker.  // Network World;3/23/2009, Vol. 26 Issue 12, p10 

    The article reports on the planned acquisition of Pure Digital Technologies Inc. by Cisco System Inc. in the U.S. According to the report, the acquisition of Pure Digital is the strategy of Cisco to expand momentum in the media-based home. The success of the acquisition will make Pure Digital as...

  • Cisco to acquire Parc Technologies.  // Accountancy Ireland;Aug2004, Vol. 36 Issue 4, p43 

    Reports on Cisco Systems Inc.'s plan to acquire London, England-based traffic engineering solutions and software developer Parc Technologies Ltd. Terms of the agreement; Worth of the deal.

  • Cisco Moves into Physical Security Market with Acquisition.  // SDM: Security Distributing & Marketing;Apr2006, Vol. 36 Issue 4, p15 

    The article focuses on the decision of information technology provider, Cisco Systems Inc. to purchase SyPixx Networks Inc., manufacturer of network-centric video surveillance software and hardware. The deal allows Cisco to offer video surveillance as part of their Intelligent Converged...

  • Short Takes.  // Network World;8/28/2006, Vol. 23 Issue 33, p23 

    The article reports on the acquisition of Cisco of the Arroyo Video Systems, on-demand video software company for $92 million in the U.S. The said acquisition is the second of Cisco for the month of August 2006. This comes after the company had taken a majority stake of data center company Nuovo...


Read the Article


Sign out of this library

Other Topics