According to this article in Barron’s, Paul Wick, manager of the Seligman Communications and Information Fund, has made an interesting prediction about Cisco. According to Wick, Cisco is overdue to do a large deal – for example, going after EMC, the large corporate storage and software company. Barron’s predicts that this would be a deal in the mid-$40 billion range. From the article:
A big deal, yes, but one for which Cisco would get considerable value. EMC is a leader in enterprise storage; they also have assembled an impressive portfolio of software assets through a deliberate acquisition strategy, and now own Legato Systems (acquired in 2003), Documentum (another 2003 deal) and RSA Software (bought in 2006).
