Cisco to acquire Accompany for $270 Million

May 2, 2018 by Ying-Hui Chen

May 2nd, 2018 – Cisco Systems, Inc., an American multinational technology conglomerate headquartered in California, announced today that they are acquiring Accompany, a business intelligence startup which uses AI to build databases of people and relationships at companies.

This acquisition will be a deal of $270 million in cash and stock and will give Cisco the ability to incorporate Accompany technology into their collaboration products.

ā€œAmy has proven to be an effective and innovative leader through her years as an entrepreneur, an engineer, and CEO, and I couldnā€™t be more pleased to have her and the Accompany team join Cisco,ā€ said Cisco chairman and CEO Chuck Robbins in the announcement.

We are excited to see where this acquisition will take Cisco and serve more customers with better communication experience!


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