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Cisco Systems completes purchase of Jasper Technologies

Cisco Systems Inc. on March 18 closed its deal to acquire Jasper Technologies Inc. for a transaction value of $1.40 billion.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

JPMorgan Chase & Co. was the financial adviser for Cisco Systems, and Fenwick & West LLP was the legal adviser.

Morgan Stanley was the financial adviser for Jasper Technologies, while Wilson Sonsini Goodrich & Rosati Professional Corp. was the legal adviser.