BRIEF-Permira Funds To Acquire Cisco's Service Provider Video Software Solutions Business

Acquisitions

Summary

Funds News May 1, 2018 / 7:07 AM / Updated 11 hours ago* PERMIRA FUNDS TO ACQUIRE CISCO’S SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS BUSINESS* PERMIRA - A CO BACKED BY PERMIRA HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE CISCO’S SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS (SPVSS) BUSINESS* PERMIRA SAYS SALE OF CISCO SPVSS BUSINESS HAS BEEN APPROVED BY CISCO’S BOARD OF DIRECTORS* PERMIRA SAYS CISCO WILL RETAIN VIDEO AND MEDIA TECHNOLOGY RELATED TO ITS CORE BUSINESS IN NETWORKING, MULTI-CLOUD, SECURITY, DATA, AND COLLABORATION Source text for Eikon: Further company coverage:

Classifications

industries
No industries detected
applications
General BI

AskAI Classifications

Labels
SaaS Enterprise Software Collaboration Software

Linked Companies

Cisco
$1B+