That may be true for Cisco specifically; I don't know. But some acquisitions really go well and make sense for everyone.
I don't think YouTube was profitable before acquisition. Now it's profitable and a great product.
I don't think YouTube was profitable before acquisition. Now it's profitable and a great product.
So I'm not saying 100% of acquisitions are shit storms, but so often when you see these old stalwarts buy new, innovative startups, everyone is scared their products will go to shit. Just look at the giant collective sigh of release when the Figma deal fell through.