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signed a definitive agreement to acquire privately held

ExiO Communications

in an all-stock deal worth about $155 million.

ExiO, which is based in San Jose, Calif., develops in-building, wireless technologies for corporate networks based on standard, code division multiple access technologies. The company has 38 employees.

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Cisco expects to record a charge of about 1 cent a share from the purchase, which the company expects to close in the third fiscal quarter. Analysts expect the company to earn 20 cents a share in the period, according to

First Call/Thomson Financial


Shares of Cisco were recently trading up 56 cents, or 1.1%, to $51.75 in