Cisco, Procket deal 'curious'

Grok Headline matches for Cisco, Procket deal 'curious'

Cisco offers justification for Procket
deal

Cisco offers justification for Procket
deal 06/17/2004 01:21 PM
Questions arise over Cisco's routing strategy as it bags start-up Procket Networks for $89 million in cash.

Cisco snags Procket

Cisco snags Procket 06/17/2004 08:27 AM
Procket's sale marks a steep decline from its launch as one of the most highly valued telecom start-ups.

Cisco buy out Procket Networks

Cisco buy out Procket Networks 06/18/2004 02:35 PM
IT Vibe Jun 18 2004 7:05PM GMT

Cisco makes Procket purchases

Cisco makes Procket purchases 06/21/2004 12:36 PM
CommsTrade Jun 21 2004 4:55PM GMT

Cisco to buy Procket Networks assets for
$89 million

Cisco to buy Procket Networks assets for
$89 million 06/17/2004 01:19 PM
San Francisco Chronicle Jun 17 2004 5:24PM GMT

Cisco plucks Procket assets for $89
million

Cisco plucks Procket assets for $89
million 06/18/2004 12:43 PM
Cisco Systems Inc. this week announced a definitive agreement to acquire the intellectual property, a majority of the engineering team, and select assets from privately held Procket Networks Inc., a maker of routers and routing technology, for $89 million in cash.

Procket lures Cisco exec into CEO spot

Procket lures Cisco exec into CEO spot 01/05/2004 04:25 PM
The hiring of Roland Acra, who until recently was senior vice president and chief technology officer for Cisco's service provider division, is a coup for the router start-up, analysts say.

News: Cisco Systems Acquires Assets from
Procket Networks

News: Cisco Systems Acquires Assets from
Procket Networks 06/18/2004 08:50 PM
Overclockers Club Jun 19 2004 1:07AM GMT

Procket Deal Official, One Day After
Chambers Explained Why They Didn't Need
It

Procket Deal Official, One Day After
Chambers Explained Why They Didn't Need
It 06/17/2004 11:50 AM
A week ago we wrote about the rumored deal that Cisco had bought massively overhyped router startup Procket for $80 million. All week long, no announcement came, and rumors started flying that there was no deal, or that others were trying to top the deal. Yesterday, there was even more speculation that there was no deal when Cisco CEO John Chambers claimed they didn't need any additional routing products or technology, though he snuck in one important caveat: saying the opportunity to acquire talented engineers might make an acquisition worthwhile. Basically, this was his way of spinning the Procket acquisition in a way that didn't make it looks like Cisco's own new router technology was a complete dud. Today, they made it official. Cisco has acquired the company that raised approximately $300 million and was valued at $1.55 billion for a whopping $89 million... for the engineers, of course. Update: Procket founder Tony Li gives his thoughts in an interview where he says the price is a steal, but buying Procket is definitely going to upset Cisco engineers, who will feel it's a sign that they didn't do a very good job on the CRS-1 router (though, he also thinks Cisco "missed the market" with the CRS-1).

AT&T and Cisco sign Europe deal

AT&T and Cisco sign Europe deal 12/03/2003 08:43 AM
vnunet.com Dec 3 2003 7:54AM ET

AT&T, Cisco expand marketing deal

AT&T, Cisco expand marketing deal 12/02/2003 11:04 AM

Salesforce.com lands Cisco CRM deal

Salesforce.com lands Cisco CRM deal 07/22/2004 09:25 AM
vnunet.com Jul 22 2004 1:24PM GMT

IBM Touts Software Deal with Cisco

IBM Touts Software Deal with Cisco 04/01/2005 01:57 AM
CIO Today Apr 1 2005 6:38AM GMT

S.J. workers may be fired over Cisco
deal

S.J. workers may be fired over Cisco
deal 08/05/2004 07:18 PM
SiliconValley.com Aug 5 2004 11:15PM GMT

Cisco and Microsoft team up on SME deal

Cisco and Microsoft team up on SME deal 02/12/2004 05:46 AM
ZDNet UK Feb 12 2004 10:08AM GMT

Cisco routes Ericsson deal

Cisco routes Ericsson deal 04/28/2004 05:17 PM
Cisco Systems is treading on Juniper Networks' turf as the networking giant seals a strategic partnership with Ericsson.

Cisco And Topspin $250 Million Deal

Cisco And Topspin $250 Million Deal 04/16/2005 09:19 PM
Boost Marketing Apr 17 2005 12:49AM GMT

Cisco Completes Airespace Deal

Cisco Completes Airespace Deal 03/24/2005 12:16 PM
Unstrung.com Mar 24 2005 2:43PM GMT

Cisco-Ericsson deal threatens Juniper

Cisco-Ericsson deal threatens Juniper 04/28/2004 05:26 PM
ZDNet Apr 28 2004 9:34PM GMT

Norway's Tandberg TAA.OL reaches deal
with Cisco

Norway's Tandberg TAA.OL reaches deal
with Cisco 02/18/2004 10:43 AM
Forbes Feb 18 2004 1:40PM GMT

Cisco close to deal with 2 local firms

Cisco close to deal with 2 local firms 07/13/2004 08:25 PM
Business Times Malaysia Jul 13 2004 11:45PM GMT

Cisco to buy Linksys in $500M stock deal

Cisco to buy Linksys in $500M stock deal 03/20/2003 03:18 PM

Ericsson and Cisco plug in wireline deal

Ericsson and Cisco plug in wireline deal 04/30/2004 07:37 AM
Infomatics Apr 30 2004 12:27PM GMT

US start-up beats Cisco to IBM WiFi deal

US start-up beats Cisco to IBM WiFi deal 09/16/2004 08:56 PM
Cyber India Online Sep 17 2004 0:07AM GMT

StorageTek Hones ILM Strategy with Cisco
Deal

StorageTek Hones ILM Strategy with Cisco
Deal 01/06/2005 05:05 PM
The company will resell Cisco's MDS 9000 family of multilayer intelligent directors and fabric switches, as well as related SMARTnet services and support.

Cisco says Ericsson deal will add
millions to sales

Cisco says Ericsson deal will add
millions to sales 06/05/2004 04:48 PM
Forbes Jun 5 2004 7:52PM GMT

Cisco inks Boeing VoIP deal

Cisco inks Boeing VoIP deal 07/13/2004 12:07 AM
The deal is one of the router maker's biggest IP telephony contracts to date.

IBM Touts Virtualization Software Deal
with Cisco

IBM Touts Virtualization Software Deal
with Cisco 04/01/2005 01:57 AM
CIO Today Apr 1 2005 6:39AM GMT

Norway's Tandberg reaches deal with
Cisco

Norway's Tandberg reaches deal with
Cisco 02/18/2004 10:43 AM
Reuters Feb 18 2004 1:44PM GMT

IBM Touts Virtualization Software Deal
with Cisco (NewsFactor)

IBM Touts Virtualization Software Deal
with Cisco (NewsFactor) 03/31/2005 05:45 PM
NewsFactor - IBM's (NYSE: IBM) deal to provide virtualization storage software to networking giant Cisco Systems (Nasdaq: CSCO) was touted by Big Blue as evidence that it has established a leadership position in an emerging market.

Cisco Systems Bags Topspin, $250M Deal

Cisco Systems Bags Topspin, $250M Deal 04/16/2005 05:47 AM
Boost Marketing Apr 16 2005 10:13AM GMT

Cisco deal gives new meaning to great
sales pitch

Cisco deal gives new meaning to great
sales pitch 08/23/2004 04:47 AM
Seattle Times Aug 23 2004 9:39AM GMT

Cisco agrees deal to acquire Parc
Technologies

Cisco agrees deal to acquire Parc
Technologies 07/12/2004 05:41 AM
CommsTrade Jul 12 2004 10:06AM GMT

S.J. council expands City Hall probe of
Cisco deal

S.J. council expands City Hall probe of
Cisco deal 09/15/2004 06:57 PM
SiliconValley.com Sep 15 2004 10:51PM GMT

SBC Inks Major VoIP Deal With Ford Using
Cisco Equipment

SBC Inks Major VoIP Deal With Ford Using
Cisco Equipment 09/23/2004 11:21 PM
CRN Canada Sep 24 2004 3:56AM GMT

Cisco Introduces the Cisco XR 12000
Series Routers for IP Next-Generation
Networks; Cisco IOS XR Delivers High

Cisco Introduces the Cisco XR 12000
Series Routers for IP Next-Generation
Networks; Cisco IOS XR Delivers High 04/18/2005 04:25 AM
Business Wire UK Apr 18 2005 8:14AM GMT

So Much For Procket

So Much For Procket 06/11/2004 03:43 AM
At the bottom of the down years in technology, there were still a few companies that managed to raise lots of money at insane valuations and have dot-com insanity-style stories. One of the biggest was Procket. When news first came out about the company they were still in "stealth" mode (oh so very dot com), but had a $1.55 billion valuation. As stealth as they claimed to be, everyone knew they were working on the next generation of "super router" to be the next Cisco or Juniper. The company has gone on something of a soap opera ride since then, with more executive shakeups that you should bother counting. Om Malik started the story buzzing today after hearing that s omeone was looking to buy up Procket, and it didn't take long for the rumors to get picked up elsewhere: Cisco has bought some of their assets for $80 million. From $1.55 billion to $80 million in about two years. That takes talent.

Procket Networks COO resigns

Procket Networks COO resigns 01/27/2004 06:23 PM
The change in upper management comes as the company, one of the most closely watched start-ups in Silicon Valley, is beginning to gain traction with customers.

Former Procket CEO 'Stokes' a new
start-up

Former Procket CEO 'Stokes' a new
start-up 04/14/2005 10:05 AM
ZDNet Apr 14 2005 2:04PM GMT
Grok Description matches for Cisco, Procket deal 'curious'
GrokA matches for Cisco, Procket deal 'curious'

Cisco, Procket deal 'curious'

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