SAN JOSE, Calif. -- April 7, 1998 -- Cisco Systems, Inc. today announced it has completed the purchase of Precept Software, Inc. of Palo Alto, Calif.On March 11, 1998 Cisco Systems announced a definitive agreement to acquire privately-held Precept, a leading multimedia networking software company. Under the terms of the acquisition, shares of Cisco common stock worth approximately $84 million were exchanged for all outstanding shares and options of Precept. The transaction will be accounted for as a pooling of interests.
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