A company the size of Cisco (CSCO) needs to find massive market opportunities. So why not the electric grid? No doubt, it needs lots of improvement. In fact, there is an emerging trend towards making it much smarter. And no doubt, Cisco's technology can be a big help.
At the same time, the company is revving up its acquisitions machine. The latest deal is for Arch Rock. The financial details were not disclosed.
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