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Cisco acquires Nashoba Networks in 1996

PRIVATEOct 07, 2026

Acquiring Company

Cisco

Acquired Company

Nashoba Networks

MunichMassachusettsHardware

Description

In 1996, Cisco completed its acquisition of Nashoba Networks, a Massachusetts-based company specializing in Token Ring switching. The acquisition, valued at approximately $100 million, aimed to enhance Cisco's networking technology offerings. Following the acquisition, Nick Grewal, the founder of Nashoba, became a vice president at Cisco. This deal marked a significant milestone in Cisco's expansion into advanced networking solutions.

Company Information

Company

Cisco

Location

Munich, Bavaria, Germany

About

Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on Twitter at @Cisco. SOURCE Cisco

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Frequently asked

Who acquired Nashoba Networks?

Nashoba Networks was acquired by Cisco, based in Munich. The deal was reported on October 7, 2026. Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Cisco is privately held.

When did Cisco acquire Nashoba Networks?

Cisco's acquisition of Nashoba Networks was reported on October 7, 2026. In 1996, Cisco completed its acquisition of Nashoba Networks, a Massachusetts-based company specializing in Token Ring switching. The acquisition, valued at approximately $100 million, aimed to enhance Cisco's networking technology offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nashoba Networks do?

Nashoba Networks was a company focused on Token Ring switching technologies. It played a significant role in the networking sector during the 1990s. It is privately held, operating in Hardware, and is based in Massachusetts.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.