Cisco’s Failed Nicira Aquisition

Business Insider published an article by Julie Bort which details how Cisco lost a bidding war to VMware in an attempt to purchase Nicira on July 23, 2012.  According to the article VMware ultimately paid $1.05 billion in cash, plus another $210 million in stock, while Cisco Cisco offered $750 million in a mostly stock transaction that looked like $1 billion on paper.

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