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Cisco buying Md.-based BroadSoft for $1.9 billion cash

BroadSoft, the Gaithersburg-based company that handles the software used by phone carriers and large businesses to manage call conferencing, announced Monday that it is being sold to California-based telecommunications giant Cisco Systems as both companies seek to harness the changes brought by cloud computing. The $1.9 billion deal represents a 2 percent premium over Friday's closing ...

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