Cisco’s new CEO hints at deals in software and security

Cisco’s new CEO hints at deals in software and security

Chuck Robbins has only been in the job three weeks but the new CEO of Cisco Systems is already dropping hints about acquisitions.

On Wednesday, Cisco reported growth in its revenue and profits for the quarter just ended, and in a conference call to discuss the results Robbins was asked about Cisco’s plans for long term growth.

“We’ll continue to be very acquisitive going forward, especially in areas like software and security,” he said.

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