Thursday, April 12, 2007

Cisco has seen accolades go to Google in recent years, and the company is bent on changing that

Cisco’s pace of investment is kicking back into ’90s-style high gear again - as said by an analyst

Cisco bought web app hosting firm Reactivity; two social networking software firms, Five Across and Utah Street Networks; and an on-demand app firm, Webex.

On the global front, Cisco invested an undisclosed sum in Ozon, Russia’s Amazon.com, and last December invested $50 million in China Communications Services Corporation Limited, a state-run telecom firm.

“India is both a compelling end market and a compelling source market,” - Hilton Romanski, Head Global Investment Strategy - CISCO

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