Cisco Fiscal 1Q Profit Beats Analysts Estimates

The transcript discusses Cisco's performance and challenges in the tech industry, highlighting its legacy product line and competition from companies like Amazon and Microsoft. Cisco's strategy focuses on interconnection and inner cloud solutions to connect various data centers. The company leverages its scale to enter new segments, such as data centers and security, through acquisitions. Despite market pressures, Cisco's scale and strategic acquisitions position it for future growth.

In what ways is Cisco transitioning from hardware to software solutions?

What are some of the key areas where Cisco is making acquisitions?