Cisco and Starent: Looks Like Trouble

Posted by Mark on Oct 29, 2009 in /blog | 2 comments

In what’s becoming a developing story, Cisco is getting in trouble for their recent Starent acquisition.

John has the goods on the /saBackchan

Law Offices of Brian M. Felgoise, P.C. Announces Investigation on Behalf of Shareholders of Starent Networks, Corp.

The Law Offices of Brian M. Felgoise, P.C. announces an investigation into possible breaches of fiduciary duty and violations of state law, among other things, in connection with a proposed sale of Starent Networks, Corp.

I’ll be looking into it more deeply in the morning and helping John put a piece together at SiliconANGLE.  Trying to keep my eyes open at the moment, and failing.

Shooting from the hip, I’m inclined to say that it’s either very bad for Cisco, or is just shareholder posturing.