Deals
Cisco Chasing Margins of Past Means Software Takeovers
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Cisco Systems Inc., which used dozens of acquisitions to become the dominant provider of networking hardware, is turning its M&A efforts toward software.
Chief Executive Officer John Chambers is aggressively pursuing software takeovers as he seeks to turn a company once known for Internet plumbing products such as routers into the world’s No. 1 information-technology company.