Monday, May 23, 2005

Cisco acquires chip firm Vihana

Jim Duffy writes in NetworkWorld:

Cisco this week said it has finalized the acquisition of privately-held Vihana, a Sunnyvale, Calif., developer of custom ASICs for computer and communications applications.

Cisco will pay $30 million in cash and options for the company, which employs 27 people. Vihana was founded in August 2001.

Cisco had already invested $15 million in Vihana as of January 29, 2005, according to Cisco's Feb. 22, 2005, 10-Q filing with the SEC.


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