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Cisco leads tech M&A charge out of downturn

When it comes to Cisco Systems Inc and dealmaking, the prevailing sentiment in Silicon Valley is: You can't predict what Cisco will buy next, but you can see why it fits.

Cisco to buy wireless gear maker Starent for $2.9 billion

Cisco Systems Inc plans to buy advanced wireless equipment maker Starent Networks Corp for $2.9 billion to boost its product offerings as phone carriers build out next-generation networks.

Wall St weighed down by J&J, bank stocks

U.S. stocks weakened on Tuesday as disappointing sales from Johnson & Johnson stirred jitters about the strength of earnings, threatening to break the S&P 500's six-day winning streak.

Cisco to acquire Starent Networks for $2.9 billion

Cisco Systems Inc plans to buy wireless telecommunications equipment maker Starent Networks Corp for $2.9 billion, betting that demand for advanced wireless equipment will grow as more consumers download videos and access the Web from mobile phones.

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Cisco bets on video growth with Tandberg bid

Network equipment maker Cisco Systems Inc struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications.

Daily Outlook - Oct 1 Tech

Network equipment maker Cisco Systems struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications.

Cisco bets on video growth with $3 billion Tandberg bid

Network equipment maker Cisco Systems struck a deal to buy Norwegian videoconferencing company Tandberg for $3 billion in a bid to dominate the high-growing market of corporate video communications.

Cisco bets on video again with $3 billion Tandberg buy

Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest big bet that video will drive demand for its core data transmission gear.

Nasdaq falls 2 percent as selloff accelerates

U.S. stocks fell further on Thursday as data showed the manufacturing sector grew in September at a slower pace than anticipated and weighed on investor sentiment.

Cisco to buy video firm Tandberg for $3 billion

Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion, the latest in a series of bets taken on using video to drive demand for its core data transmission gear.

U.S. index futures indicate flat to softer start

* U.S. stock index futures point to a flat to weaker start for Wall Street on Thursday, with the Nasdaq Composite futures NDc1 down 0.3 percent after Cisco System (CSCO.O) offered to buy Norwegian Tandberg for $3 billion in cash.

Stock futures indicate flat to softer start

Stock futures pointed to a flat to weaker start for Wall Street on Thursday, with the Nasdaq Composite futures down 0.3 percent after Cisco System offered to buy Norwegian Tandberg for $3 billion in cash.

Cisco to buy video company Tandberg for $3 billion

U.S. network equipment maker Cisco System is to buy Norway's video-conferencing equipment maker Tandberg ASA for an agreed 17.2 billion crowns ($3.0 billion) in cash, the companies said on Thursday, lifting Tandberg shares.

Wall Street falls on PMI, but higher for quarter

Stocks slipped on Wednesday on news of a surprising contraction in an index of Midwest business activity, but losses were limited by a bounce in technology bellwethers like Cisco Systems Inc at the end of a strong quarter.

Dow, S&P flat as tech offsets weak PMI reading

U.S. stocks were mostly flat on Wednesday, on a volatile last day of a strong third quarter, as a disappointing report on Midwest business activity was offset by gains in commodities and tech.

Silver Spring Networks considering IPO

Privately-held smart grid networking company Silver Springs Network is considering launching an initial public offering but will not do so this year, Chief Executive Scott Lang said on Tuesday.

Cisco cuts executive bonuses in downturn: filing

Top U.S. network equipment maker Cisco Systems Inc cut year-end bonuses to its senior executives this year as a tough economy hurt the company's revenue, according to a regulatory filing.

Cisco, EMC eye technology services tie-up: report

Cisco Systems Inc and EMC Corp are in talks to create a new joint venture to provide technology services, the Wall Street Journal said, citing people briefed on the plan.

Alcatel-Lucent takeover on radar as sector shrinks

Alcatel-Lucent's research and development strengths and broad customer base make it an attractive takeover candidate for a rival, but it has to clean up its operations before a deal is likely.

Daily Wrap Up - August 13 Tech

Microsoft Corp put its new Zune HD digital music and video player on sale on Thursday, pricing it below comparable Apple Inc iPod devices, in an attempt to claw some market share away from the dominant leader.

Mid-day Minute - August 13 Tech

A U.S. federal court has ordered Microsoft Corp to stop selling some versions of its widely used Word software in the United States in two months, ruling in favor of a small Canadian firm that accused the software giant of violating its patents.

Cisco says it can improve tech, music industry ties

Network equipment maker Cisco Systems Inc Chief Executive John Chambers said on Wednesday that the company's latest expansion in the online media and entertainment business will help improve relations between the music industry and Silicon Valley.

Wall St falls on caution before July jobs data

Stocks slid on Thursday as investors took profits after a recent rally and turned cautious a day before the government's crucial July jobs report.

Wall St sags as Cisco, telecoms offset jobless data

U.S. stocks fell for the second day on Thursday as Cisco's cautious outlook for a recovery and falling telecom stocks offset optimism about the economy spurred by a steep drop in the number of workers filing new claims for jobless benefits.

Wall Street slips; telecom woes offset data

Stocks slipped on Thursday as drops in telecommunications and biotechnology stocks offset optimism about the economy spurred by a sharp fall in the number of workers filing new claims for jobless benefits.

Wall Street slips; telecom woes offset jobs data

U.S. stocks slipped on Thursday as drops in telecommunications and biotechnology stocks offset optimism about the economy spurred by a sharp fall in the number of workers filing new claims for jobless benefits.