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Cisco’s latest results indicate a reckoning may soon be at hand

As I wrote last year, the company has bought 30 startups over the past several years, and it has a long history of building its business on top of acquired entities. If you go back to its origins in the ’90s, Cisco has been involved in more than 200 acquisitions.
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Picture for Cisco’s latest results indicate a reckoning may soon be at hand
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Zoom raises full-year profit view on strong enterprise demand

(Reuters) -Zoom Video Communications Inc raised its full-year adjusted profit forecast on Monday, betting on robust demand from large businesses in a hybrid work environment, sending shares of the company up 15% in extended trading. Revenue from Zoom’s high-paying enterprise customers jumped 31% in the first quarter, representing 52% of...
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