Tech Company M&A Transactions
Starent Networks Acquisition
On 10/13/2009, Starent Networks was acquired by Cisco. Cisco said the transaction price was $2.9 billion.
Transaction Overview
Company Name
Acquired By
Announced On
10/13/2009
Transaction Type
M&A
Amount
$2,900,000,000
M&A Terms
Under the terms of the agreement, Cisco will pay $35 per share in cash in exchange for each share of Starent Networks and assume outstanding equity awards for an aggregate purchase price of approximately $2.9 billion. The acquisition has been approved by the boards of directors of both companies.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
30 International Place
Tewksbury, MA 01876
USA
Tewksbury, MA 01876
USA
Phone
Website
Email Address
Overview
Starent Networks has been focused on delivering a superior subscriber experience with next-generation services.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/13/2009: Ooyala venture capital transaction
Next: 10/13/2009: ViVu venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We document funding rounds that are announced publicly. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs