Cisco Systems, Inc. completed the acquisition of 1 Mainstream, Inc. from DCM A-Fund of DCM, Luminari Capital, Sky plc and Menlo Ventures.
January 22, 2016
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Cisco Systems, Inc. (NasdaqGS:CSCO) agreed to acquire 1 Mainstream, Inc. from DCM A-Fund of DCM, Luminari Capital, Sky plc (LSE:SKY) and Menlo Ventures on October 28, 2015. 1 Mainstream will join Cisco's Service Provider Video Software and Solutions Cloud Engineering Group. Rajeev Ramen, Chief Executive Officer of 1 Mainstream, will lead the combined team. The transaction is expected to close in the second quarter of 2016. Lynda Twomey, Victoria Lupu, Gerald Audant, Glenn Borromeo, Kristin O'Hanlon, Stephen Gillespie, Christopher Joslyn, Jonathan Millard, Michael Soloman, and Ora Grinberg at Fenwick & West LLP acted as legal advisor for Cisco.
Cisco Systems, Inc. (NasdaqGS:CSCO) completed the acquisition of 1 Mainstream, Inc. from DCM A-Fund of DCM, Luminari Capital, Sky plc (LSE:SKY) and Menlo Ventures during the quarter ended January 23, 2016.
Cisco Systems, Inc. is the world leader in designing, developing, and marketing Internet network equipment. Net sales break down by family of products and services as follows:
- network equipment (68.9%); switches and routers, technological software and systems (storage, Internet access, and security systems, wiring, gateways, connection interfaces and modules, etc.), etc.;
- services (24.3%): technical assistance, network design, execution, and integration services, etc.;
- security products (6.8%).
Net sales are distributed geographically as follows: Americas (58.7%), Europe/Middle East/Africa (26.6%) and Asia/Pacific (14.7%).
CISCO SYSTEMS, INC. 
