Mergers & acquisitions


11:30 AM -- Here's what's up in Ciscoland at the moment:

Daddy Bigbucks
Cisco made another multibillion-dollar acquisition this morning: Cisco to Buy WebEx for $3.2B.

Fun with fraudsters?
Four men were indicted today for allegedly stealing more than $1 million in networking equipment from Cisco Systems. Click here for the story.

Quote me
Here's a Cisco notable quotable that caught my eye:

It's the richness that allows you to actually fulfill that dream of "hey, this is as good as a meeting" -- the fact is, a lot these experiences have been quite disappointing.

That was Peter Alexander, of Cisco's commercial marketing division, as quoted in a story on the AAP. He was discussing the wonders of video conferencing. When he says "disappointing" was he referring to video conference technology, or just corporate meetings in general?

Do you like to watch? Tell me about it.

— Tasman Jasmine, Cisco Watcher, Light Reading

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