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Cisco buying spree continues with Cariden deal

from The Wall Street Journal

Cisco Systems' holiday shopping binge marches on with a $141 million offer for privately-held Cariden Technologies, a maker of network software for telecom companies. That, on the heels of a $1.2 billion offer for Wi-Fi tech company Meraki and a $125 million deal for network software provider Cloupia, is what Cisco does after ending a quarter with about $45 billion cash. more

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