Deals
Cisco CEO Says Company Remains in Hunt for Software Makers
Cisco CEO on U.S. Tax Code, Investor Activism
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Cisco Systems Inc. Chief Executive Officer John Chambers, outlining deal-making plans for the coming year, said he remains in the market for small and midsize software makers and that he’s not getting investor pressure to break up the company.
With the stock of San Jose, California-based Cisco near a seven-year high, “no one in their right mind would want to break up Cisco,” Chambers said in an interview on Thursday, adding that he’s never spoken with an activist investor.