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Cisco's new CEO just fixed John Chambers' most expensive mistake

2015-07-24 01:37:51| Telecom - Topix.net

Two days before officially assuming the corner office, Chuck Robbins sold Cisco's TV set-top business to Paris-based Technicolor for $600 million. Cisco had bought this business in 2005 when it acquired Scientific-Atlanta for $6.9 billion, its largest ever acquisition.

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