Cisco Systems, Inc. acquires Working Group Two (WG2)

On October 24, 2023, Cisco Systems, Inc. acquired Working Group Two (WG2), an internet software and services company in Norway.

Deal at a glance

AnnouncedOctober 24, 2023 TypeAdd-on Acquistion TargetWorking Group Two (WG2) Buyer Cisco Systems, Inc. SectorInternet Software and Services LocationNorway ValueNot disclosed

Target company

Working Group Two (WG2)

Norway

Working Group Two (WG2) is a Norwegian company that pioneered a cloud native mobile services platform that’s fully API consumable and highly programmable. Built for simplicity, innovation, and efficiency, WG2’s platform uses the web-scale playbook and opera...

Internet Software and Servicessector

2017founded

Activestatus

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Buyer

Cisco Systems, Inc.

Company · 312 deals on record

50th transaction in internet software and services
3rd transaction in Norway

312deals, all time

53in this sector

2026latest

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Questions about this deal

Who acquired Working Group Two (WG2)?Cisco Systems, Inc. acquired Working Group Two (WG2) on October 24, 2023.

What type of deal was it?It was a add-on acquistion in the internet software and services sector in 2023.

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Source: company press release, October 24, 2023 · Data updated daily on AcquityData (Acquity Data).