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Stock Market & Financial Investment News

News Breaks
June 17, 2014
08:04 EDTCSCOCisco announces intent to acquire Tail-f Systems for $175M in cash, incentives
Cisco announced its intent to acquire privately held Tail-f Systems. Tail-f's products help service providers and enterprise IT organizations easily and cost-effectively implement applications, network services and solutions across networking devices. Headquartered in Stockholm, Sweden, Tail-f's technology also helps reduce the time-to-market for network equipment vendors building equipment for agile, software-programmable networks. Upon completion of the acquisition, Tail-f employees will join Cisco's Cloud and Virtualization Group led by Gee Rittenhouse, vice president and general manager. Under the terms of the agreement, Cisco will pay approximately $175M in cash and retention-based incentives in exchange for all shares of Tail-f. The acquisition of Tail-f is expected to be complete in Q4, subject to customary closing conditions.
News For CSCO From The Last 14 Days
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August 27, 2014
12:13 EDTCSCOAruba Networks climbs after earnings beat prompts upgrades
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08:48 EDTCSCOAruba Networks upgraded to Overweight at Stephens
As previously reported, Stephens upgraded Aruba Networks (ARUN) to Overweight from Equal Weight and raised its price target on the stock to $25 from $22, citing the company's strong Q4 results and the firm's belief that Cisco (CSCO) has become increasingly less competitive over the last several quarters.
August 20, 2014
06:26 EDTCSCOCisco COO says annual layoffs 'wrong way to do it,' Business Insider reports
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August 19, 2014
11:05 EDTCSCOImperva seen as takeover candidate under new CEO
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08:42 EDTCSCOImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
August 15, 2014
17:02 EDTCSCOStocks end week slightly higher despite flare-up in Russian tensions
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