signed a definitive agreement to acquire privately held
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.
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