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Cisco Snags Mobile Internet Co. Starent For $2.9B

Law360, New York (October 13, 2009) -- Cisco Systems Inc. continued its October buying spree Tuesday, adding mobile Internet network infrastructure company Starent Networks Corp. in an all-cash deal estimated to total $2.9 billion.

Picking up Starent will give Cisco a greater foothold in the developing mobile Internet market, and will increase its offerings to mobile network service providers. Cisco said in the announcement...

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