Cisco Deal Shows US Cos.' Overseas Cash Isn't Homesick

Law360, New York (April 4, 2013, 8:31 PM EDT) -- Cisco Systems Inc., like many big tech companies, has a cash problem: too much abroad, and too expensive to bring it home. Its solution is a global shopping spree, which continued this week in a deal for a British wireless company.

Cisco will pay $310 million for venture-backed U.K. broadband equipment maker Ubiquisys. It is Cisco's fourth overseas acquisition this year, following Israeli software maker Intucell Ltd., Czech network security company Cognitive Security and Austrian cloud services company SolveDirect Service Management GmbH. Fenwick & West LLP...
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