Acquisition History / Cisco / Monterey Networks

Cisco Acquires Monterey Networks

Announced August 26, 1999 — $500M

CiscoSynchronous optical networking1999

What happened

Monterey Networks was a company providing synchronous optical networking, acquired by Cisco.

Acquirer
Cisco
Target
Monterey Networks
Announced
August 26, 1999
Price
$500M
Industry
Synchronous optical networking

By the numbers

Cisco's acquisition history
40th 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 Synchronous optical networking
4 acquisitions

Frequently Asked Questions About This Acquisition

When did Cisco acquire Monterey Networks?

Cisco acquired Monterey Networks on August 26, 1999. This was Cisco's 40th publicly tracked acquisition out of 233 we have on record.

How much did Cisco pay for Monterey Networks?

Cisco paid $500M for Monterey Networks.

What does Monterey Networks do?

Monterey Networks was a company providing synchronous optical networking, acquired by Cisco.

What other Synchronous optical networking companies has Cisco acquired?

Cisco has made 4 acquisitions in Synchronous optical networking, including Monterey Networks. See the full list on the Synchronous optical networking and Cisco acquisition pages.

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