Acquisition History / Cisco / IBM Networking Hardware Division

Cisco Acquires IBM Networking Hardware Division

Announced August 31, 1999 — $2B

CiscoComputer networking1999

What happened

IBM Networking Hardware Division was a company providing computer networking, acquired by Cisco.

Acquirer
Cisco
Target
IBM Networking Hardware Division
Announced
August 31, 1999
Price
$2B
Industry
Computer networking

By the numbers

Cisco's acquisition history
41st of 233 tracked deals
Disclosed prices
146 of 233 Cisco deals
Cisco's average disclosed price
$742.6M
Cisco's largest disclosed deal
Splunk ($28B)
Tracked acquisitions in 1999
74 across all acquirers
Cisco in Computer networking
14 acquisitions

Frequently Asked Questions About This Acquisition

When did Cisco acquire IBM Networking Hardware Division?

Cisco acquired IBM Networking Hardware Division on August 31, 1999. This was Cisco's 41st publicly tracked acquisition out of 233 we have on record.

How much did Cisco pay for IBM Networking Hardware Division?

Cisco paid $2B for IBM Networking Hardware Division.

What does IBM Networking Hardware Division do?

IBM Networking Hardware Division was a company providing computer networking, acquired by Cisco.

What other Computer networking companies has Cisco acquired?

Cisco has made 14 acquisitions in Computer networking, including IBM Networking Hardware Division. See the full list on the Computer networking and Cisco acquisition pages.

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