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Cisco says more large-sized acquisitions possible

Thu Mar 15, 2007 10:43am EDT

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NEW YORK, March 15 (Reuters) - A top Cisco Systems Inc. (CSCO.O) executive said on Thursday that the network equipment maker, which announced earlier plans to buy WebEx Communications Inc. WEBX.O for $2.9 billion, may make more large acquisitions.

Mergers & Acquisitions

Chief Development Officer Charles Giancarlo said WebEx may look like a large acquisition but it would amount to less than 2 percent of Cisco's revenue and market capitalization.

"So I think that we will start to see more of these," he told Reuters in a phone interview.

Mergers & Acquisitions


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