Cisco eyes Pirelli to fill product hole

NEWS Networking giant Cisco is today expected to announce a $2.2m stock acquisition of Pirelli's optical systems business. If it goes ahead, the acquisition would be Cisco's first move into dense wave division multiplexing (DWDM) technology. Cisco would also invest $100m into Pirelli's optical components and submarine systems divisions. The deal will be the networking company's largest European acquisition, and its fourth largest ever.

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