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Which networking company bought US software company “BroadSoft” for $
  • a)
    9 billion? 1. K Link
  • b)
    Oriflame
  • c)
    Unicity
  • d)
    Vestige
  • e)
    CISCO
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Which networking company bought US software company “BroadSoft&r...
Answer – 5. CISCO
Explanation

American technology conglomerate, Cisco Systems has finalised a deal to acquire American communication software and service provider BroadSoft for $1.9 billion. The acquisition deal will be completed during the first quarter of 2018. CISCO will pay $55 per share in cash. This deal will enable CISCO to migrate away from its stagnating switches and routers business and will help to foray in selling unified communications software to big telecommunications firms.
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Which networking company bought US software company “BroadSoft” for $a)9 billion?1. K Linkb)Oriflamec)Unicityd)Vestigee)CISCOCorrect answer is option 'E'. Can you explain this answer?
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