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Fenwick & West Represents Cisco in $200 Million P-Cube Acquisition

August 23, 2004

Fenwick & West LLP represented its client Cisco Systems, Inc. in its proposed acquisition of P-Cube, Inc., announced today. P-Cube, based in Sunnyvale, California with technology development operations located in Israel, is a leading developer of IP service control platforms, which help service providers improve performance and manage advanced IP services such as voice-over-IP communications, video-on-demand and interactive gaming. Cisco will pay approximately $200 million in cash and options in the transaction, which is subject to customary closing conditions and is expected to close within 60 days.

The P-Cube transaction marks Fenwick & West's seventh acquisition for Cisco in 2004. Fenwick's transaction team included partners Doug Cogen (co-chair of the firm's M&A group), Scott Spector (employee benefits), Lisa Kenkel (intellectual property), Larry Granatelli (patents), Walt Raineri (tax) and Mark Ostrau (antitrust), and associates Karen Kitterman (trademark), Andrew Luh, Devin Gensch, Greg Sato, Catherine Manley, Blake Martell, Michael Tang, Liza Morgan, Diana Lock, Catherine Curtiss, Elizabeth Gartland and John Lister, and paralegals Maryann Fratto, Stephen Gillen and Lana Krtolica.

Press Inquiries should be directed to Douglas Cogen at 415.875.2409 or dcogen@fenwick.com.