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Cisco Completes Acquisition of Leaba Semiconductor

Cisco Completes Acquisition of Leaba Semiconductor

Advancing our innovation strategy.

SAN JOSE, Calif. — On March 4, 2016, Cisco completed the acquisition of Leaba Semiconductor, a venture-backed silicon talent company headquartered in Caesarea, Israel.

This acquisition advances our innovation strategy and supports our leadership in the market and goal to provide best-in-class solutions for our customers.

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Q: Why did Cisco choose Leaba?
A: Leaba has a team with a track record of designing leading edge networking silicon / semiconductors. This is an opportunity to ensure our workforce has the necessary skillset for the future of our business.
Q: What does this mean for Cisco’s current semiconductor / silicon procurement strategy?
A: This acquisition is focused on ensuring we have the workforce in place with the necessary skills to develop our next generation products. It does not have an impact on our current semiconductor / silicon procurement.
Q: What is Leaba’s current go-to-market strategy (pre-acquisition)?
A: Leaba’s product is still in development phase, so there are no confirmed customers or purchase orders.
Q: What market problem does this acquisition address?
A: The acquisition of Leaba continues Cisco’s ability to lead disruption and innovation as markets shift and transitions take effect.