“The first half of 2009 was the nuclear winter [for acquistions]. As we moved into the second half of the year, the world did start to settle and that was one of the driving factors to why Cisco really picked up its activity.
“We usually look at about 100 companies for every 10 we get into any serious level of conversation, which turns into one deal at the end of that funnel.”
–Charles Carmel, MBA ’01, and VP, Cisco, on how the company approaches acquisitons. Reported in CFO Zone.
Also on Stanford Knowledgebase: