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Cisco Systems (CSCO) On The Prowl, Divulges CEO John Chambers

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Year 2009 was a good year for Cisco Systems (NASDAQ: CSCO). While talking with CNBC’s Jim Goldman, Cisco CEO, John Chambers stated that the firm follows an aggressive strategy during lean periods.

Cisco made a number of acquisitions during the past year and is likely to do the same during 2010 as well. According to the market buzz, Cisco is eyeing Dell (NASDAQ: DELL) as a potential target this year. John Chambers neither confirmed nor denied the rumor, however he made slanted observations about Dell being an attractive candidate. The company is expected to release its quarterly earnings report in a few days.

 

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Posted-In: CNBC Jim Goldman John ChambersM&A News Management Markets Media

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