Intel CEO’s Pay Secrets and 2 Other Heavily Traded Stocks
Cisco Systems (NASDAQ:CSCO): Current price $21.23
Cisco Systems will purchase the United Kingdom networking firm Ubiquisys for roughly $310 million, gaining tech that aids wireless carriers in providing better service to smartphone and tablet users, according to Bloomberg. The purchase is expected to close in the fourth quarter of Cisco’s 2013 fiscal year. Ubiquisys employees will be integrated with Cisco’s service provider mobility unit, reporting to Partho Mishra.