Well, the word actually came from Business newspaper, but it’s still speculation. Both companies were not available for comment.
Cisco is better known for its physical internet hardware prowess than wireless technology, however the current CEO, John Chambers, is believed to be interested in merging with a wireless infrastructure company. This is where Nokia comes into the picture. Nokia certainly has global reach, a solid reputation, and has been smarting recently which makes it a good target for acquisition. Nokia’s market value sits around $71 billion US, whereas the Cisco’s value is around $123 billion.
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