Cisco Systems Inc says it is emphatically remaining on the acquisition trail and sees a potential six to 10 buys a year, funded out of its $1bn cash pile and via its shares. It said it was unlikely that anything on the horizon would match April’s $4 bn swoop for switching equipment firm StrataCom Inc (CI No 2,907). It said it would probably not make many public acquisitions. It would mostly try to acquire new technology areas that it can quickly turn into products.
