Tech Company M&A Transactions
CoreOptics Acquisition
Headquartered in San Jose, CoreOptics was acquired by Cisco. Financial terms set the valuation at $99 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/20/2010
Transaction Type
M&A
Amount
$99,000,000
M&A Terms
Under the terms of the agreement, Cisco will pay approximately $99 million in cash and retention-based incentives in exchange for all shares of CoreOptics.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2841 Junction Ave. 101
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Overview
CoreOptics, with operations in Nuremberg, Germany, San Jose, California and Manchester, New Hampshire, USA, develops and manufactures subsystems for ultra high-speed optical networking applications in the telecommunications and information technology industries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hamid Arabzadeh
Chief Technical Officer
Christoph Schulien
Co-Founder
Claus Dorschky
VP - Operations
Georg Roll
VP - Product Management
Achim Herzberger
VP - R & D
Hans Schiessl
VP - Sales
Saeid Aramideh
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We record tech company VC transactions. All VC database entries reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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