Cisco Buys SightPath

Cisco Systems Inc. has announced that it will purchase SightPath, a content delivery company.

Cisco (, which briefly surpassed Microsoft Corp. ( as the world’s most valuable company, has lately been snapping up smaller Internet related companies. Their purchase of SightPath ( is only the latest in a spree that has included Compatible Systems, Growth Networks, JetCell, InfoGear, Aironet, and Atlantech this month.

The transaction is valued at about $800 million. Cisco will exchange stock for the outstanding shares of SightPath. Cisco hopes to complete the deal by the end of the fourth quarter. - Christopher McConnell

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.