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Cisco CEO Chuck Robbins On His Rebuilt Exec Team, Resurgent Markets

‘The reality is the shifts we've been making and architectures we've been building are resonating with our customers,’ says Cisco Systems Chairman and CEO Chuck Robbins.

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Given the economic tailwinds you mentioned, how likely is Cisco to make a major acquisition in the next year or two?

Our M&A strategy isn't really impacted by the economy. In fact, you could argue that a tougher economy is a better time to do a deal. We have strength. We have financial strength and that financial strength shows up as a differentiator and has a greater impact when there's a tough market. We look for assets that fit within our strategy, that fit within our financial model and that we think are fairly prices. We'll make those moves whenever we need to.

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