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Cisco (CSCO +1%) continues to look overseas for M&A targets: the company discloses it has...

Cisco (CSCO +1%) continues to look overseas for M&A targets: the company discloses it has bought SolveDirect, an Austrian provider of cloud-based software for integrating IT services. Cisco, which is looking to both software and services for growth, talks up SolveDirect's ability to automate service integration, and says its offerings will bolster its IT service portfolio. John Chambers recently stated Cisco will continue acquiring overseas until it can repatriate offshore cash at a lower tax rate.
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Comments (3)
  • SivBum
    , contributor
    Comments (1809) | Send Message
     
    Chambers is an old fool. With him at the helm, csco has given shareholders nothing but a big haircut.
    25 Mar 2013, 02:06 PM Reply Like
  • vallies
    , contributor
    Comments (351) | Send Message
     
    Here is just one more CEO that would like for the U.S. government to, what, you mean these money grubbing stealing large corporation want to repatriate foreign money back to the good old U.S. of A. Wow, I thought they wanted to hide that money from the government, guess I was wrong. What a novel concept, bring the money back, widen the base tax structure, have more revenue pulled over a larger area, that is crazy, or is it. Here is another novel idea, since you have more tax to chose from, you could actually stop over taxing our exporters. Here is another crazy idea, build the pipeline. Since we really don't have the grid capacity to have all these EV, which I am in favor of. The Japanese can't do it either. That comes from a report from over there. Building the pipeline would bring down input cost. It would help to settle some of the trade deficits, create jobs and we wouldn't need to worry if the Venezuelans who at any given time, cut production to Texas. It is also cleaner despite the name. O.K., so what is or governments plans, raise taxes on cable, that's nice. How about this one, On line gambling, doesn't our elected officials want to stop all this reckless risk taking. Doesn't seem that way now does it. This is the perfect example of a too big too fail situation. The bigger the boat, the more red tape.
    25 Mar 2013, 09:36 PM Reply Like
  • Jake2992
    , contributor
    Comments (831) | Send Message
     
    Yea great idea, rip off the tax payers who support these companies...
    5 Aug 2013, 10:48 PM Reply Like
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