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Cisco Planning To Acquire Skype

Posted by CmdrTaco on from the can-you-see-me-now dept.

rexjoec writes "Cisco is making a bid for Skype. The deal, if successful, would derail a planned initial public offering from Skype and redraw the battle lines in the lucrative market of video communications." The rumored price is $5B.

1 of 148 comments (clear)

  1. Re:Cisco Planning to Squash Another Competitor by TooMuchToDo · · Score: 5, Interesting

    The problem is cash sitting around doing nothing. NPR was running a story yesterday talking about how the top 120 companies have over $1 trillion of cash sitting around, and investors are demanding they either distribute it to them via dividends or invest it via mergers and acquisitions. So, yeah, if it's either earning 0.5 percent in a money market account or buying up a ton of relatively cheap companies with the potential for a much larger return, you go on a spending spree and buy up whatever you think is going to have a decent ROI.