Cisco plugs in the machine

Of course, immediately after we write how Cisco has been notably absent from the M&A market, the company inks a deal. In this case, the networking giant has reached for home networking management vendor Pure Networks to bolster its Linksys business. The price tage: $120m. My colleague Steve Steinke has the details. Still, the deal is just the second one that Cisco has inked in 2008; this time last year, Cisco had done 9 acquisitions.