Summary
Cisco Systems, Inc. (CSCO) filed an 8-K on September 27, 2001, to report the completion of its acquisition of Allegro Systems, Inc. The acquisition, which occurred on September 26, 2001, marks a strategic move by Cisco to further enhance its product portfolio and market position. While specific financial details of the transaction were not disclosed in this 8-K filing, the incorporation of Allegro Systems, Inc. is expected to contribute to Cisco's growth and technological advancements in its respective markets. Investors should note that this filing primarily serves as a notification of the acquisition's completion. The press release, included as an exhibit, is the primary source for additional details regarding the strategic rationale and potential impact of this merger. Further analysis of the combined entity's financial performance will require monitoring subsequent financial reports.
Key Highlights
- 1Cisco Systems, Inc. has completed the acquisition of Allegro Systems, Inc.
- 2The acquisition was officially completed on September 26, 2001.
- 3This 8-K filing serves as official notification of the completed transaction.
- 4Allegro Systems, Inc. was a Delaware corporation.
- 5A press release dated September 26, 2001, detailing the acquisition, is filed as an exhibit.
- 6The filing incorporates the press release by reference, making it part of the official record.