NEW YORK (AP) — Cisco Systems Inc. will pay about $1.9 billion cash to buy BroadSoft Inc. in a move aimed at expanding its communications software offerings.The networking technology giant is paying $55 per share, marking a 2 percent premium to Broadsoft's closing price on Friday.Gaithersburg, Maryland-based BroadSoft provides telecommunications technology for businesses, including phone services, audio and video conferencing and virtual meetings.BroadSoft's focus on small- and medium-sized businesses will help bolster Cisco's offerings, the San Jose, California-based company said.
NYS Entity Status
NYS Filing Date
MARCH 11, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - P9 SOFT INC.
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