Why Cisco’s Acquisition of Broadsoft Is a Strategic Fit
In October, Cisco Systems (CSCO) agreed to partner with software company BroadSoft (BSFT) for $1.9 billion in cash.
How Has BroadSoft’s Revenue Grown Recently?
BroadSoft should provide Cisco with access to best-in-class cloud voice and contact solutions—strong additions to the latter’s existing product offerings.
How the BroadSoft Acquisition Could Benefit Cisco
Cisco will pay $55 per share in cash for each share of BroadSoft (BSFT), valuing the acquisition at $1.9 billion in cash.