Cisco Completes Acquisition of Intucell

Cisco Completes Acquisition of Intucell 
SAN JOSE, CA -- (Marketwire) -- 02/25/13 --  Cisco (NASDAQ: CSCO)
today announced it has completed its acquisition of privately held
Intucell, based in Ra'anana, Israel. Intucell provides advanced
self-optimizing network (SON) software, which enables mobile carriers
to plan, configure, manage, optimize and heal cellular networks
automatically, according to real-time changing network demands. The
acquisition of Intucell enhances Cisco's commitment to global service
providers by adding a critical network intelligence layer to manage
and optimize spectrum, coverage and capacity, and ultimately the
quality of the mobile experience. 
With the evolution of LTE 4G networks, mobile operators are
increasingly looking for a more cost effective and efficient way to
keep up with demand for bandwidth and reduce complexity. Intucell
enhances Cisco's ability to deliver next-generation solutions with a
SON software platform that supports multi-application, multi-vendor
and multi-technology capabilities and enables service providers to
manage operational costs and make better use of infrastructure
investments. 
Intucell employees will be integrated into Cisco's Service Provider
Mobility Group. Under the terms of the agreement, Cisco paid
approximately $475 million in cash and retention-based incentives to
acquire the entire business and operations of Intucell.  
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Forward-Looking Statements  
This press release may be deemed to contain forward-looking
statements, which are subject to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, including the
expected completion of the acquisition and the time frame in which
this will occur, the expected benefits to Cisco and its customers
from completing the acquisition, and plans regarding Intucell
personnel. Readers are cautioned that these forward-looking
statements are only predictions and may differ materially from actual
future events or results due to a variety of factors, including,
among other things, the potential impact on the business of Intucell
due to the uncertainty about the acquisition, the retention of
employees of Intucell and the ability of Cisco to successfully
integrate Intucell and to achieve expected benefits, business and
economic conditions and growth trends in the networking industry,
customer markets and various geographic regions, global economic
conditions and uncertainties in the geopolitical environment and
other risk factors set forth in Cisco's most recent reports on Form
10-K and Form 10-Q. Any forward-looking statements in this release
are based on limited information currently available to Cisco, which
is subject to change, and Cisco will not necessarily update the
information.  
Press Contact:
Robyn Jenkins-Blum
408-853-9848
rojenkin@cisco.com 
Industry Analyst Contact: 
Ben Culp
949-823-3787
beculp@cisco.com 
Investor Relations Contact:
Carol Villazon
408-527-6538
carolv@cisco.com 
 
 
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