Cisco Systems, Inc., (NASDAQ: CSCO) today announced a definitive agreement to acquire privately-held Reactivity, Inc., of Redwood City, California. Reactivity is a leading XML (eXtensible Markup Language) gateway provider for organizations ranging from commercial enterprises to the Global 500.

Under the terms of this agreement, Cisco will pay approximately $135 million in cash and assumed options of Reactivity. The acquisition is subject to various standard closing conditions, including applicable regulatory approvals, and is expected to close in the third quarter of Cisco's fiscal year 2007, ending April 28, 2007.

Reactivity was founded in 1998 and has 56 employees in Redwood City, Calif.

Upon close of the transaction, the Reactivity team and products will be integrated into DSSTG reporting up into Ullal.

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