Starent Networks shareholders approve $35-per-share merger with Cisco

By Lisa Kerner

Charlotte, N.C., Dec. 11 - Starent Networks, Corp. shareholders approved the company's merger agreement with Cisco Systems, Inc. at a special meeting on Friday.

Under the Oct. 12 agreement, Starent shareholders will receive $35 in cash for each outstanding Starent share, according to a Starent news release.

Starent is a Tewksbury, Mass.-based provider of infrastructure solutions that enable mobile operators to deliver multimedia services to their subscribers.

Cisco is an IP-network developer located in San Jose, Calif.

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