Cisco: Starent purchase not our last

10/13/2009 | Wall Street Journal, The · Wall Street Journal, The · Bloomberg

Cisco's $2.9 billion purchase of Starent Networks will likely not be the equipment maker's last, according to Chief Strategy Officer Ned Hooper, who pointed to the agreement as evidence of Cisco's dedication to its ongoing strategy to leverage its solid financial state to make large acquisitions to maintain its leading position among networking vendors. The deal is aimed at improving Cisco's ability to deal with the burgeoning volume of wireless traffic being generated by more robust networks and smartphone devices.

View Full Article in:

Wall Street Journal, The · Wall Street Journal, The · Bloomberg

Published in Brief: