Cisco: Spending like a drunken sailor
For those of you keeping track, Cisco has now committed $5.9 billion (yes, that's a "b") in making two acquisitions this month. Get the recap here from peHUB. Both deals are ancillary at most to the company's security work, but it shows you the strength this company is playing from: They've got plenty of resources to invest and they're not shying away from investing heavily in markets they see ripe for growth. Anybody else think we'll see another buy in the physical security sphere? Maybe this guy:
â€œCisco is likely to remain aggressive in M&A and would not rule out another acquisition by year end in addition to STAR and Tandberg, in our view,â€ said UBS analyst Nikos Theodosopoulos.