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Cisco: Expect us to continue M&A pace

Cisco CEO Chuck Robbins has promised to keep up the pace of the vendor's acquisition strategy as the firm reports Q2 results that beat Wall Street's expectations. For the three months to 23 January, Cisco's GAAP net profits rose by almost a third (31 percent) annually to $3.1bn on sales that were flat at $11.9bn - above analysts' expectations, widely reported to have been pegged at $11.76bn. Read More...

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