Cisco Systems Completes Acquisition of TGV Software, Inc.SAN JOSE, Calif.--(BUSINESS WIRE)--March 29, 1996--Cisco Systems Inc. today announced the completion of its purchase of TGV TGV: see railroad. Software, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TGVI) effective March 29, 1996. The acquisition follows an agreement to a stock swap in which shares of Cisco stock will be exchanged for all outstanding shares, options and warrants of TGV. Under the terms of the agreement, one (1) share of Cisco common stock will be exchanged for every two and one-half (2.5) outstanding shares of TGV common stock. The transaction will be accounted for as a pooling of interests Pooling of Interests An accounting method, used in mergers and acquisitions, where the balance sheet items of the two companies are simply added together. Notes: The opposite of pooling of interests is the purchase acquisition method. . TGV management, employees and product line are now part of Cisco's Internet Business Unit. The acquisition extends Cisco's software product line to include network applications and services that are used to build corporate intranets, support the growing global Internet and scale the World Wide Web. TGV Software, Inc. employs more than 130 people and is headquartered in Santa Cruz, Calif. The company is a leading developer and supplier of Internet software products that enable connectivity between disparate computer systems over local area, enterprise-wide and global computing networks. TGV's principal product line is marketed under the name of MultiNet. MultiNet for Windows integrates a robust suite of TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. applications, including a 32-bit VxD kernel; NFS (Network File System) The file sharing protocol in a Unix network. This de facto Unix standard, which is widely known as a "distributed file system," was developed by Sun. See file sharing protocol and WebNFS. NFS - Network File System client; FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to client and server; VT100-320 and TN3270 emulations; network printing; Pronto Mail V2.0 electronic mail; Enhanced Mosaic V2.1 web browser; and network diagnostics. Cisco Systems (NASDAQ: CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) is the leading global supplier of internetworking solutions for corporate intranets and the global Internet. Cisco's products, including routers, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and ATM switches, dial-up access servers and network management software, are integrated by the Cisco IOS(tm) software to link geographically dispersed LANs, WANs and IBM networks. Company news and product/service information are available at World Wide Web site http://www.cisco.com. Cisco is headquartered in San Jose, Calif. -0- Note to Editors: Cisco IOS is a trademark and Cisco, Cisco Systems and the Cisco logo are registered trademarks of Cisco Systems, Inc. All other trademarks, service marks, registered trademarks or registered service marks mentioned in this document are the property of their respective owners. CONTACT: Cisco Systems, Inc. Mary Thurber, Investor Relations, 408/526-8893 mthurber@cisco.com or Cisco Systems, Inc. Adam Stein, Public Relations, 408/526-7388 astein@cisco.com |
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