Cisco Systems acquisition of Broadsoft officially completed in 2018, with the Australian arm of Broadsoft officially becoming part of Cisco Australia in February 2019. "ln the fourth quarter of fiscal 2018, Cisco Systems lnc., the ultimate parent of Cisco Systems Australia Pty Limited, announced a definitive agreement to sell its global Service Provider Video Software Solutions ("SPVSS) business. The transaction to sell the business was completed on 28 October 2018. There was no material financial impact related to the sale of SPVSS business for Cisco Systems Australia," the financial report specifies.