Corporate Development continues to extend and accelerate investments in markets where Cisco is already present, while simultaneously giving consideration to emerging markets where there is strong potential. Cisco takes advantage of critical market transitions and disruptions through investments. We look for opportunities to accelerate, learn about, and apply new technologies that exist across many global markets. Cisco invests globally to learn about new technologies and to align with partners to develop and deliver great solutions. This investment strategy represents a critical component in our lifecycle approach to assessing and engaging with technology and geographic markets. The Cisco Global Team within Corporate Development consists of people in the following regions: Israel, India, Asia-Pacific, Central and Eastern Europe, Russia, and Western Europe.

As an example, in Israel, Cisco was an early investor in venture funds almost a decade ago. Israel has been one of the most active markets for Cisco on both the investment and acquisition fronts. Our recent investments in venture funds in Russia/Commonwealth of Independent States and Central and Eastern Europe represent the beginning stages of entry into those markets. These activities are aimed at achieving broader Cisco objectives in key technology markets as well as regional market-facing objectives.

Key Acquisitions

DiviTech A/S - June 10, 2008
DiviTech is a leader in the digital-service management (DSM) market. DiviTech's DSM solution offers media broadcasters, cable and Internet Protocol Television (IPTV) service providers an intuitive interface for creating, modifying and managing video networks. Cisco plans to integrate DiviTech's DSM product with the industry-leading Cisco ROSA network- and element-management solution to create an end-to-end platform that offers all layers of digital video management (element, network and service) in a single modular product.

KiSS Technology A/S - July 22, 2005
KiSS is a leading technology provider for networked entertainment devices and has a product portfolio that includes home video products such as networked DVD players and networked DVD recorders. KiSS's technology platform also has the capability to extend to other consumer electronics products and will help Linksys develop a unique, networked entertainment product suite.

Navini Networks, Inc. - October 23, 2007
Navini Networks is a leader in the Mobile WiMAX 802.16e-2005 broadband wireless industry. Navini is a pioneer in the integration of "Smart Beamforming" technologies with Multi-Input Multi-Output (MIMO) antennas, a combination that improves the performance and range for WiMAX services and lowers the overall deployment and operational costs for service providers. Navini's WiMAX products will extend Cisco's market-leading WiFi and WiFi-Mesh portfolios, allowing Cisco to uniquely address the rapidly growing markets for broadband wireless services.

Qeyton Systems - May 12, 2000
Qeyton is the developer of Metropolitan Dense Wave Division Multiplexing (MDWDM) technology. The acquisition of Qeyton Systems expands Cisco's optical networking capabilities and enables Cisco to provide a comprehensive end-to end optical networking solution for service providers' metropolitan networks. Qeyton's Metro DWDM technology links carriers points of presence (POPs) and customer sites with an optical ring and enables Cisco to offer service providers increased capacity without needing to add or lease new fiber in the metropolitan areas. Qeyton Systems optical technology will be seamlessly integrated with optical products and technology in Cisco's Optical Networking Solutions (ONS) 15000 family of products.

Sheer Networks, Inc. - July 26, 2005
Sheer Networks is a pioneer in the development of intelligent network and service management products for service providers and large enterprises. Sheer's technology can adapt to network changes easily, scale to large networks, and help extend new technologies and services to simplify the difficult task of monitoring and maintaining complex networks.

Key Investments

3TS Capital Partners
3TS is the exclusive adviser of funds totaling €200 million targeting investments in growth sectors such as Technology and Telecoms, Media and Marketing, Services, and Environment and Energy.
 

Alibaba.com
Alibaba.com Limited is the leading e-commerce company in China, providing an efficient, trusted platform connecting small and medium-sized buyers and suppliers from China and around the world.
 

Almaz Capital Partners
Almaz Capital Partners is a venture capital firm that invests in Russian-related technology, media, and communications companies.
 

Ambow Education Group
Ambow Education is China’s leading provider of e-Learning technologies and education services.
 

Celeno
Celeno is a leading provider of semiconductors for multimedia home networking applications.
 

China Comservice
China Comservice is a leading integrated provider of specialized telecommunications support services to telecommunications operators in China.
 

ip.access
ip.access is a leading manufacturer of cost-effective picocell and femtocell infrastructure solutions for GSM, GPRS, EDGE, and 3G.
 

Nimbus Communications
Nimbus Communications is one of India's leading media and entertainment businesses focused on TV, advertising and sports rights management.
 

OpTier
OpTier® harnesses the power of real business transactions with its Business Transaction Management™ (BTM) software solutions.
 

Oversi
Oversi is an expert in Peer-to-Peer (P2P) caching and content delivery solutions. Oversi's P2P caching solutions enable service providers to deliver more bandwidth on their existing infrastructures, optimize network performance and defer expensive upgrades.
 

Ozon
Ozon is a venture capital initiative targeting the technology industry in Russia. To launch the initiative, Cisco also announced that it made an investment in a leading Russian e-commerce site, Ozon.
 

Qumranet
Qumranet is the leading virtualization technology company. Its hosted virtualization product is used to improve the manageability, security and policy enforcement for their desktop environments.
 

Servion Global Solutions
Servion Global Solutions is a fast-growing company that specializes in Customer Interaction Management (CIM) solutions.
 

Skylake Incuvest
Skylake Incuvest is a leading private equity investor in Korea with a dedicated focus on technology investment.
 

Telesoft
Telesoft Corp. offers leading Telecom Total Cost Management products and services that provide hundreds of Enterprise businesses around the globe visibility and insight into their telecommunications usage and spending, providing tools that ultimately reduce telecommunications expenses.