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EXHIBIT 99.1
PRESS CONTACT: INVESTOR RELATIONS CONTACT:
Robyn Jenkins Blair Christie
Cisco Systems, Inc. Cisco Systems, Inc.
(408) 853-9848 (408) 525-4856
[email protected] [email protected]
INDUSTRY ANALYST RELATIONS CONTACT:
Art Rangel
Cisco Systems, Inc.
(408) 853-5705
[email protected]
CISCO SYSTEMS COMPLETES ACQUISITION OF PIXSTREAM INCORPORATED
SAN JOSE, Calif., Dec. 20, 2000 -- Cisco Systems, Inc., today announced
it has completed the acquisition of privately held PixStream Incorporated of
Waterloo, Canada.
On Aug. 31, 2000, Cisco announced a definitive agreement to acquire
PixStream, a developer of hardware and software solutions to distribute and
manage digital video across broadband networks. The acquisition supports Cisco's
vision to provide network architectures that enable service providers to offer
data, voice and video services to businesses and consumers. This acquisition is
being accounted for as a purchase.
ABOUT CISCO SYSTEMS
Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking
for the Internet. News and information are available at www.cisco.com.
# # #
Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of
Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other
countries. All other trademarks mentioned in this document are the property of
their respective owners.
