Friday April 28, 2000
Cisco scoops up another Israeli tech firm
JERUSALEM (JPS) -- San Jose-based Cisco Systems announced last week that it will acquire Herzliya-based Seagull Semiconductor Lt "This talented team has devised very complex solutions that will accelerate the development of the next generation of high-perfo
"The 17 engineers comprising the development team will relocate to Cisco's existing R&D facility in Herzliya," said Naveh, "thus turning Israel into one of the leading technology centers belonging to Cisco Systems." This is Cisco's third acquisition in Israel, and its second in two days. On April 18, Cisco acquired Herzliya-based Pentacom Ltd. Pentacom will also be moving its entire staff of 48 employees into the expanding Cisco development center in Herzliya.
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