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Cisco agrees to buy StratumOne

Published on .

San Jose, Calif.--Cisco Systems announced Tuesday that it has agreed to acquire privately held StratumOne Communications, a Santa Clara, Calif.-based developer of semiconductor technology, in a stock deal worth about $435 million. Cisco, which already had a minority investment stake in StratumOne, says it is acquiring the company to help accelerate the deployment of services that integrate voice, data and video.
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