SAN JOSE, Calif. -- September 2, 1997 -- Cisco Systems, Inc. today announcedit has completed the acquisition of DAGAZ Technologies, Inc., a wholly ownedsubsidiary of Integrated Network Corporation (INC).
Under terms of the purchase announced on July 28, 1997, Cisco acquired INC'sDAGAZ xDSL products and intellectual property, personnel and otherxDSL-related assets. In connection with the transaction, Cisco expects aone-time charge against after-tax earnings of between $.08 and $.11 centsper share in the first fiscal quarter of 1998. Cisco expects thetransaction to have a neutral EPS impact in the first year and to beaccretive thereafter.
About INC
INC (http://www.integnet.com) was founded in 1985 by senior Bell Systemexecutives and takes a network-wide approach to providing enhanced voice,data and video service capabilities. INC's DAGAZ xDSL business(http://www.dagaztech.com) is dedicated to delivering broadband multimediausing a suite of products that span the Last Mile Network -- the networksegment that extends the enterprise to small business, remote offices andresidential markets. DAGAZ products enhance existing networks, offeringscalable, cost-effective, media-independent solutions for passage ofbroadband multimedia applications such as voice, video and data to end users. About Cisco Systems Inc.
Cisco Systems (NASDAQ: CSCO) is the worldwide leader in networkingfor the Internet. at http://www.cisco.com.
Cisco, Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.
