We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

E.U. Approves Cisco’s Communications Acquisition

Law360 (February 23, 2006, 12:00 AM EST) -- Winning approval from the European Union on Thursday to acquire Scientific-Atlanta Inc., Cisco Systems Inc. can begin to bulk up its U.S. communications equipment business.

The European Commission, which reviews cross-border mergers that impact the EU, found that Cisco’s $6.9 billion purchase of Scientific-Atlanta, the second-largest international seller of cable television boxes, would not violate antitrust laws in the EU.

“[T]he operation would not result in a significant impediment to effective competition in the European Economic Area,” the Commission confirmed in a statement.

The transaction is...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.