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2008 Annual Report 57
Notes to Consolidated Financial Statements
3. Business Combinations
(a) Purchase Acquisitions
Under the terms of the definitive agreements related to the Company’s purchase acquisitions and asset purchases completed during fiscal
2008, 2007, and 2006, the purchase consideration consisted of one or more of cash, shares of Cisco common stock, and fully vested stock
options assumed.
A summary of the purchase acquisitions and asset purchases completed in fiscal 2008, 2007, and 2006 is as follows (in millions):
Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets GoodwillFiscal 2008
Navini Networks, Inc. — $ 276 $ — $ 108 $ 172
Securent, Inc. — 75 — 24 56
Other — 61 3 14 37
Total — $ 412 $ 3 $ 146 $ 265
Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets GoodwillFiscal 2007
Arroyo Video Solutions, Inc. — $ 86 $ 3 $ 25 $ 57
IronPort Systems, Inc. 1 3 718 7 231 539
Reactivity, Inc. — 110 1 39 72
WebEx Communications, Inc. — 3,025 66 541 2,098
Other — 275 4 90 180
Total 1 3 $ 4,214 $ 81 $ 926 $ 2,946
Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets GoodwillFiscal 2006
KiSS Technology A/S 1 $ 51 $ 2 $ 19 $ 39
Scientific-Atlanta, Inc. — 7,087 88 1,949 3,762
Sheer Networks, Inc. — 96 — 29 56
Other — 123 1 55 78
Total 1 $ 7,357 $ 91 $ 2,052 $ 3,935
The purchase consideration for the Company’s purchase acquisitions and asset purchases is also allocated to tangible assets acquired
and liabilities assumed.