EMC/VMW Acquisition By Cisco Imminent?

February 12th, 2009 • Related • Filed Under

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Great field work on Virtualization.info today about the fact that investors are buying heaps of VMware stock, signalling that something is up.

A small excerpt:

Monday’s SEC filings shows that Cisco posted a prospectus on raising $4 billion in senior bonds. The book building is run by all the major investment banks and is closing on February 17.
Cisco must be really confident for such a major issuance in these market conditions, but Standard & Poors is giving the senior unsecured notes an A+ rating with a stable outlook.
Cisco will use $500 million of the $4 billion to repay short term debt.  When combined with sizeable cash holdings, this leaves them with with $4.7 billion in cash at the US parent company. According to CNET that amount excluded cash holdings at subsidiaries overseas.

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There Are 2 Responses So Far. »

  1. Comment by Jack Ferrie on 12 February 2009:

    wishful thinking by both parties!

  2. Comment by alinur on 28 April 2009:

    Cisco is the best internet equipment industry. It’s very famous in the world.

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