3 years, 2 months ago
Is Cisco's deploying cash during an economic down time, a smart business move?
John Chambers of Cisco says it will deploy cash during the economic down time into areas where it has not historically competed. $4 billion in new debt for acquisitions resulting in $29.5 billion for purchases.
Is Cisco spreading itself thin or buying cheap technology allowing it to expand its growth.
Is Cisco spreading itself thin or buying cheap technology allowing it to expand its growth.
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M$1 Answer
Traditionally in any industry buying during economic downturns is good business.
Successful businesses often focus on innovation of existing products during the "good times" and focus on new acquisitions during the "bad times". Smart companies buy cheap and refine high.
It seems that Cisco has had the foresight to save money during the boom that they've seen over the past decade so that they can buy new technology at a lower cost than they would have a short time ago.
This is smart business.
Successful businesses often focus on innovation of existing products during the "good times" and focus on new acquisitions during the "bad times". Smart companies buy cheap and refine high.
It seems that Cisco has had the foresight to save money during the boom that they've seen over the past decade so that they can buy new technology at a lower cost than they would have a short time ago.
This is smart business.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
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