cisco acquires sipura

cisco just announced that it is acquiring sipura technology - through its linksys division - for approximately $68 million in cash and options.

Cisco Systems today announced a definitive agreement to acquire privately-held Sipura Technology, Inc. This represents Cisco's first acquisition for its Linksys division, the leading provider of wireless and networking hardware for home, Small Office/Home Office and small business environments. Sipura is a leader in consumer voice over internet protocol technology and is a key technology provider for Linksys' current line of VoIP networking devices.