cisco says it'll spend $750 million on R&D and the rest on investments in startups. good news for indian techies, given cisco's sterling track record of acquisitions (meaning they don't rape and pillage the companies they acquire, and they acquire approximately one a month).
take that, huawei (the chinese company also has a large operation in bangalore which was functioning out of the lavish leela palace hotel for a while. they are also under the watchful eye of some government types concerned about chinese ipr theft tendencies. i also wonder how many of the alleged 'techies' are actually spies and mitrokhin-type conduits to send cash to maoists in india, to start a nice new rumor :-))