Cisco to buy Scientific-Atlanta for $6.9 billion

December 1, 2005

Cisco Systems has announced plans to acquire Scientific-Atlanta.

The combined entity creates an end-to-end triple play solution for carrier networks and the digital home.

Under the terms of the agreement, Cisco will pay $43 per share in cash in exchange for each share of Scientific-Atlanta, and assume outstanding options, for an aggregate purchase price of approximately $6.9 billion, or approximately $5.3 billion net of Scientific-Atlanta's existing cash balance.

The acquisition is subject to various standard closing conditions, including regulatory approval and by the shareholders of Scientific-Atlanta.

Following the close of the transaction, Scientific-Atlanta will become a division of the Routing and Service Provider Technology Group under the leadership of Cisco Senior Vice President Mike Volpi.

For more information, visit

Back to the top

Receive regular news and technology updates.
Sign up for our free newsletter here.