Starent Networks

Cisco’s New Corporate Motto: Shop Till You Drop

John Paczkowski in News on November 3, 2009 at 6:29 am PT

Cisco’s fall acquisition binge continues unabated. Late Monday, the company announced plans to buy the set-top box business of China’s DVN Holdings for up to $44.5 million. This after spending $3 billion on videoconferencing system maker Tandberg, wireless infrastructure outfit Starent Networks and software-as-a-service security vendor ScanSafe–all in quick succession.

Cisco Skips Shopaholics Anonymous Meeting, Acquires ScanSafe

John Paczkowski in News on October 27, 2009 at 8:38 am PT

It’s beginning to look like Cisco suffers from a compulsive-buying disorder. In early October, the company spent $3 billion on videoconferencing system maker Tandberg. A few weeks later it acquired wireless infrastructure outfit Starent Networks for $2.9 billion. And now it’s buying ScanSafe as well.

Starent to Cisco: Hey, Big Spender

John Paczkowski in News on October 13, 2009 at 6:26 am PT

Cisco CEO John Chambers wasn’t kidding when he said we’d see the company move into a number of new markets via acquisition over the next year. Earlier this year, Cisco acquired Pure Digital, developer of the Flip video camera, for $590 million. Two weeks ago it spent $3 billion on video-conferencing system maker Tandberg. And now it’s purchasing mobile infrastructure outfit Starent Networks for $2.9 billion, or $35 a share.