Cisco 2009 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2009 Cisco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

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 completed during fiscal 2009, 2008, and
2007, the purchase consideration consisted of one or more of cash, shares of Cisco common stock, or fully vested share-based awards
assumed.
A summary of the purchase acquisitions completed in fiscal 2009, 2008, and 2007 is as follows (in millions):
Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets GoodwillFiscal 2009
PostPath, Inc. $ 197 $ 3 $ 52 $ 152
Pure Digital Technologies, Inc. 27 533 52 191 299
Pure Networks, Inc. 105 30 79
Tidal Software, Inc. 92 8 52 35
Other 54 — 23 33
Total 27 $ 981 $ 63 $ 348 $ 598
Fiscal 2008 Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets Goodwill
Navini Networks, Inc. $ 276 $ $ 108 $ 172
Securent, Inc. 75 24 56
Other 61 3 14 37
Total $ 412 $ 3 $ 146 $ 265
Fiscal 2007 Shares Issued
Purchase
Consideration
In-Process
R&D
Expense
Purchased
Intangible
Assets Goodwill
Arroyo Video Solutions, Inc. $ 86 $ 3 $ 25 $ 57
IronPort Systems, Inc. 13 718 7 231 539
Reactivity, Inc. 110 1 39 72
WebEx Communications, Inc. 3,025 66 541 2,098
Other 275 4 90 180
Total 13 $ 4,214 $ 81 $ 926 $ 2,946
The purchase consideration for the Company’s purchase acquisitions was also allocated to tangible assets acquired and liabilities
assumed.
Fiscal 2009
The Company acquired PostPath, Inc. to enhance the existing email and calendaring capabilities of the Cisco WebEx Connect
collaboration platform.
The Company acquired Pure Digital Technologies, Inc. to provide consumer-friendly video solutions designed to have mass-market
appeal.
The Company acquired Pure Networks, Inc. to provide solutions designed to allow end users to easily set up and manage a home
network and connect a range of devices, applications, and services.
The Company acquired Tidal Software, Inc. to provide intelligent application management and automation solutions for data centers.
Fiscal 2008
The Company acquired Navini Networks, Inc. to extend the Company’s WiMAX solutions for service providers.
The Company acquired Securent, Inc. to allow the Company to offer its enterprise customers policy management software solutions,
which are designed to allow enterprises to administer, enforce, and audit access to data, communications, and applications across
different types of IT environments.
48 Cisco Systems, Inc.