Some business which provides wireless installs/ networking and security got acquired for $1.2 billion. That's fine but their latest quarterly results show only $20 million in revenue for Q2 2012. They spend roughly $65 million a year (I assume that's their losses).
Thoughts? It just seems to me that people have become hot on tech companies even though Facebook was a flop. We have a company board management software business and it's share price has gone from 20 cents to $4.4 in around 1 1/2 years. I mean wow.
Full article:
http://webmasterdaily.net/cisco-acquire ... n-in-cash/
Thoughts? It just seems to me that people have become hot on tech companies even though Facebook was a flop. We have a company board management software business and it's share price has gone from 20 cents to $4.4 in around 1 1/2 years. I mean wow.
Full article:
http://webmasterdaily.net/cisco-acquire ... n-in-cash/
