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It looks like investors in the company, which makes network equipment, agreed and started selling Cisco shares.
The Waters Corporation, which makes laboratory equipment, agreed to acquire the closely held NuGenesis Technologies Corporation for $43 million.
MEDAMICUS INC., Minneapolis, a maker of medical equipment, agreed to acquire Biomec Cardiovascular Inc., Cleveland, a maker of medical instruments, for about $18 million in cash and stock.
Glenayre Technologies, which develops wireless communications equipment, agreed to buy the Universal Music Group's CD and DVD manufacturing operations for about $122 million to enter the entertainment business.
ECI Telecom, an Israeli maker of telecommunications equipment, agreed to be bought by the Swarth Group and the Ashmore Group for $1.2 billion.
On Monday, Avaya, one of the world's biggest makers of corporate phone equipment, agreed to an $8.2 billion deal with Silver Lake Partners and the Texas Pacific Group.
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The Nortel Networks Corporation, the world's third-largest maker of wireless-networking equipment, has agreed to supply about $78 million of equipment and software to the China Mobile Communications Corporation.
DEERE & CO., Moline, Ill., the world's largest maker of farm equipment, has agreed to buy an 80percentt stake in an equipment-rental company in Shanghai, getting a foothold in China for distribution of construction machines.
The Corvis Corporation, a maker of fiber optic equipment, has agreed to buy Dorsal Networks for $90.4 million in stock to expand in the market for equipment used in underwater cables.
Caterpillar Inc. said yesterday that the Agco Corporation, a leading maker of farm equipment, had agreed to take over assembly and marketing of its Challenger line of tractors, as Caterpillar stops producing the farm equipment.
"Our scientists and technicians will execute maintenance and guarantee support of the deliverable equipment during agreed periods".
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