israel

Cisco NDS Israel Merger
June 20 2013

Waze Deal Big, but Still Dwarfed by Cisco’s Acquisition of NDS

Last week’s deal whereby Google acquired the Israeli mapping company Waze for $1 billion in cash was big news in the tech industry. Although $1 billion is certainly a lot of money, it still isn’t the largest exit of an Israeli company in the high-tech space. That honor goes to last year’s deal between Cisco Systems and NDS. Cisco shelled out an astounding $5 billion to buy this Israeli-founded firm and integrate its products and intellectual property into their company.