Friday, January 21, 2005

Cisco poised for a big buyout year

Cisco Systems chief John Chambers is expected to soon announce which technologies his company will target this year, which means acquisitions-as-usual for the networking giant. Network management, application and XML acceleration, security, Web services management, and bandwidth optimization are some of the hottest trends which Cisco could easily buy into, experts say. Cisco spent $800 million on acquisitions last year and still has more than $3 billion in the bank.

[Fierce Enterprise]

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