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Cisco Systems Completes Acquisition of Radiata, Inc.
SAN JOSE, Calif., February 5, 2001 -- Cisco Systems, Inc., today announced it has completed the acquisition of privately held Radiata, Inc.
On Nov. 13, 2000, Cisco announced a definitive agreement to acquire Radiata, Inc., a leading supplier of chipsets for high-speed wireless networks. The acquisition strengthens Cisco's New World strategy by expanding its ability to deliver next generation wireless networks. This acquisition is being accounted for as a purchase.
Cisco Systems
Cisco Systems, Inc. (NASDAQ:CSCO) is the worldwide leader in networking for the Internet.
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