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John Chambers on Cisco Acquisitions
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Cisco CEO John Chambers on what is needed to boost the company’s acquisitions and why he is supporting Mitt Romney.
- Duration 2:11
- Date May 10, 2012
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Cisco CEO John Chambers on what is needed to boost the company’s acquisitions and why he is supporting Mitt Romney.
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John Chambers chairman and CEO of Cisco acquisitions John would you make more or is now time to just sit back and keep -- powder dry.
Well it's a combination of the two Liz we've been relatively cloud over the last two years in terms of acquisitions we've only done three major -- But if you watch -- as the prices for acquisition targets become more reasonable.
And if our country will allow us to bring back their earnings we have ever -- invest in America you will see -- increase both our headcount.
Our acquisitions in our dividend payments so acquisitions are part of our innovation -- we do it in most people's opinion.
As well or better -- anybody asked the industry it's important part of innovation force.
Repatriation of overseas profit you've been an early supporter of Mitt Romney who appears to be the man who face off against President Obama.
Has he said as he indicated where that he would be for -- allowing US companies to repatriate those profits and under what conditions to -- talked to him about that.
-- this up talk with him on a number different topics and -- had the chance over the last ten years to spend a lot of time with he and his wife and and I understand the man -- not trusting you don't have conversations with key government leaders if you share what this conversations where.
I think what I like about Mitt Romney the best.
It is his ability to be predictable.
And his ability to focus on putting America back to work in the economy which I think is the number one challenge our country faces.
And so I have confidence that he will put in place a policy and be able to work with both the congress the senate and the house to work those issues through.
I personally like our president mr.
Obama I think -- -- he's a good man.
And I think he has good intentions just feel it's time for certainty in terms for our leadership.
And I think Mitt Romney is the right person to lead us through these challenges not think -- -- -- very good job on that.
John I know it's a tough day for the stock we've really appreciate you coming before our viewers and tying up some loose ends on this issue.
I don't supposed to get a little easier as you -- older but can't fight the good fight.
We will -- -- we're always be transparent and share with people what we believe.
And I doubt why we think when the wind which we are doing at the present John I was -- that we'll see you next time thank you very much -- John Chambers.