Tech giant Cisco Systems Inc. (NASDAQ: CSCO) has completed its $1.9 billion cash purchase of Gaithersburg-based BroadSoft, a calling and contact center software firm. Cisco, which has regional offices in Columbia, paid $55 per share for BroadSoft, and the company stopped trading on the Nasdaq market Friday, according to Securities and Exchange Commission filings. Former BroadSoft CEO Michael Tessler and the rest of the former company will become part Cisco’s Unified Communications Technology Group,…
from https://www.bizjournals.com/baltimore/news/2018/02/05/tech-giant-cisco-seals-the-deal-1-9b-purchase-of.html?ana=RSS&s=article_search
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