John Chambers Says Cisco Systems Is “Tough to Beat”

Slow and steady wins the race.
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Cisco’s Q3 Results Beat Street Consensus

Winning in a “slow but steady economic environment,” CEO Chambers says.
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Cisco’s Prashant Gandhi Bolts to Upstart Big Switch Networks

A big executive move in the fast-moving world of software-defined networks.
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HP Makes a Big Play in Software-Defined Networks

A conversation with HP networking head Bethany Mayer.
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Vidyo Raises $17 Million in Round Led by Triangle Peak

A new investor.
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Intel Acquires API Manager Mashery

A little more software-y at Intel.
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News Byte

Cisco Acquires U.K.-Based Ubiquisys for $310 Million

Networking giant Cisco Systems said today that it will spend $310 million to acquire Ubiquisys, a maker of indoor, small-cell LTE wireless networking gear, based in the U.K. The company specializes in making femtocells, miniature wireless base stations that boost wireless coverage inside buildings where traditional cell towers sometimes struggle. In a statement, Cisco described the deal as a “doubling down” of its own existing small-cell business.

Gartner Raises 2013 IT Spending Forecasts to $3.8 Trillion

$100 billion here, $100 billion there …
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News Byte

Cisco Acquires Austria’s SolveDirect

Networking giant Cisco Systems said today that it will acquire SolveDirect, a privately held Austrian firm that provides network services management software. The company announced the deal in a corporate blog post. SolveDirect specializes in helping large companies get their networks talking to those of their partners in order to share information they need to work together more easily. Financial terms aren’t being disclosed.