Cisco is on a bit of a buying spree, must be all that money added by the funding from United Healthcare helping out here? Below is a link to a prior post to show where some of your premium dollars are going today.
Also if you missed the post over the weekend, here’s the link below and one of the videos in the post that shows what Cisco is doing. They have 3-4 vans travelling across the US demonstrating their healthcare mobile expertise and services. Yesterday they were at a hospital in western New York and headed to another hospital in Chicago for a presentation in the next day or so. At the link below there’s a video that shows the entire bus. Also in conjunction with United Healthcare, they have that bus also touring the US for telehealth visits with doctors. All the videos are great to watch to get caught up with what Cisco is doing as relates to healthcare, mobility and communication. BD
“If you are a hospitalists, don’t run for the hills or choke on this one. This is actually a very good proto type technology healthcare solution, but are we there yet, well perhaps the technology is, but are the clinicians ready yet? I could even theoretically put myself in the doctor’s shoes here and say OMG and I can do that as a patient too for that matter.”
Another week, another $3 billion acquisition for Cisco Systems.
On Tuesday, Cisco announced that it would pay $35 a share, or $2.9 billion, for Starent Networks, which makes products that help wireless telecommunications companies ship large volumes of data to phones and computing devices.
For Cisco, the acquisition extends its bet that consumers and workers will keeping pulling down ever larger amounts of data onto smartphones and laptops via wireless networks. Starent’s hardware and software products make it possible to create and manage high-speed data services, and the companies counts carriers like Verizon Wireless, Sprint Nextel, Vodafone Group and China Telecom as customers.'
Mr. Chambers has used acquisitions as a means of complementing the networking products, while also getting Cisco into new businesses. For example, the purchase of Pure Digital bolsters Cisco’s video and nascent consumer electronics efforts while also giving the company a way to promote devices that create bulky files that consume great deals of bandwidth.
Related Reading:United Health Care Says Cheaper Efficient Doctors and Reducing Hospital Visits by the Elderly Would Help Reduce the Cost of Healthcare