Cisco to buy Lightwire for $271 million

Cisco Systems Inc. is all set to acquire another company and this time its Lightwire. Cisco, the World’s Largest Networking-Equipment maker, agreed to buy Allentown, Pennsylvania-based company¬†LightwireInc for $271 million to add optical connectivity tech used in high speed networks. The sum will be paid in cash and retention-based incentives and will probably be completed … Continue reading