So what does Cisco do best? Buy other companies, of course!

Coming right off of their multi-billion dollar acquisition of Tandberg, Cisco has announced it plans to pick up Starent Networks (www.starentnetworks.com) for over $2 billion. The agreement announced this morning shows Cisco will purchase the company for thirty-five bucks a share as well as assume outstanding equity awards, bringing the total to roughly $2.9 billion.

Keep on growin'!