Cisco Still Looking for Acquisitions

Networking giant Cisco Systems has already completed two major acquisition deals in just the last week, but according to recent statements released by the company, Cisco will continue to search for more large acquisitions. Cisco Chief Strategy Officer Ned Hooper has stated that his company is prepared to use both cash and stock to continue down the path of acquisitions.
Hooper also said that the company’s acquisition of Starent Networks shows that Cisco is committed to remaining the leader in networking technology and that this committment comes into play regarding Cisco’s drive to pursue further acquisitions. Cisco acquired Starent for around …read more