Feeds

Cisco takes comfort in misery of others

Firesale buying spree is on

3 Big data security analytics techniques

Cisco Systems is to go on a shopping spree, accelerating its company-acquisition efforts at a time when the Meltdown has depressed equity values worldwide.

Tech companies are a bargain these days. IBM, meanwhile, is unhappy that the Cisco networking giant has turned its attention to server blades - witness IBM's interest in buying Sun Microsystems.

With good deals to be had and the need for some tough talking against IBM, Bloomberg has quoted Cisco's senior vice president of corporate development and the company's consumer group, Ned Hooper, as saying about Cisco's acquisitions efforts: "We will be active - not hope to be - will be."

And with $29.5bn (£20bn) in cash, Cisco is well-positioned in this buyer's market. Armed with that kind of ready money and with company values being cheap, it's a good time for the company to go shopping.

As Hooper put it: "The downturn for us is a big positive."

It remains to be seen, however, how the company will spend its cash. Will it buy up support systems for its new "California" Unified Computer System line? Maybe shore up its consumer-level brand recognition, as it appears was one goal of its recent purchase of that YouTuber's delight, Pure Digital's camcorder-for-the-masses, the Flip?

Or possibly it will simply continue to build its IT-infrastructure offerings, like it did with its January acquisition of Richards-Zeta Building Intelligence, an energy-monitoring middleware developer.

We do know of a rather large and reasonably affordable California-based systems company that happens to compete with IBM and is going for around $8.50 a share - if you can win over its former chief executive that is.

Stay tuned. A corporate wallet stuffed with $29.5bn can buy a lot of struggling companies. Along with a lot of business-press headlines.®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.