CISCO ACCELERATES ACQUISITIONS.Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc., will continue its rapid acquisition efforts and will more than likely acquire 20 to 25 more companies within FY 2000. This pronouncement by Larry Carter, Cisco's CFO See Chief Financial Officer. , followed its recent acquisition of Pirelli SpA's optical-systems business. At an address at the Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co. Global Telecom Investor Conference, Carter noted that Cisco has made 52 acquisition to date at a cost of some $20 billion, and have accomplished an effective repositioning of the company. He indicated that by the year 2003 Cisco's addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be market will approach $150 billion and the company has formed an optical networking group built around its acquisitions that has clearly become a focus of the company. He indicated also that the company will look for alliances in developing telephony products and systems that handle voice, data, and video. |
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