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

For more than a decade, Cisco has used its substantial financial resources to keep disruption at bay. While its bread and butter business has always been, and remains networking equipment, for much of the last 15 years, it has tried to morph into a software and services company by buying up smaller tech firms regularly.
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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