Posted By Rich Miller On February 10, 2009 @ 9:11 am In Cisco | 1 Comment
Cisco Systems (CSCO) is sitting on $30 billion in cash. “So why did it just sell $4 billion worth of debt on Monday?” wonders Ashlee Vance at The New York Times . Yesterday’s borrowing is widely viewed as a sign that Cisco is preparing to make some acquisitions. Cisco bought seven companies last year and currently has a “good pipeline” of potential acquisitions, Chambers said recently. Bloomberg notes that Cisco’s last debt offering in 2006 helped pay for the $6.9 billion takeover of Scientific-Atlanta Inc., a maker of television set-top boxes.
Who might Cisco be eyeing? Speculation abounds. Here are some of the names being floated:
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2009/02/10/cisco-prepares-to-go-shopping/
URLs in this post:
 The New York Times: http://bits.blogs.nytimes.com/2009/02/09/ciscos-cash-hoard-swells-alongside-acquistion-rumors/
 All About Nortel: http://www.allaboutnortel.com/2009/02/10/is-cisco-interested-in-nortel/
 John Rath: http://datacenterlinks.blogspot.com/2009/01/cisco-cisco-cisco.html
 list of all its acquisitions: http://www.cisco.com/web/about/doing_business/corporate_development/acquisitions/about_cisco_acquisitions.html
 by year: http://www.cisco.com/web/about/doing_business/corporate_development/acquisitions/ac_year/about_cisco_acquisition_years_list.html
 company name: http://www.cisco.com/web/about/doing_business/corporate_development/acquisitions/ac_name/about_cisco_acquisition_names_list.html
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
Copyright © 2012 Data Center Knowledge. All rights reserved.