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Cisco to pay $2.9b for Starent Networks

Deal for cellular data firm highlights growing demand for mobile Internet services

By Hiawatha Bray
Globe Staff / October 14, 2009

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The giant data networking company Cisco Systems Inc. will pay $2.9 billion to acquire Starent Networks Corp. of Tewksbury, a fast-growing maker of equipment that lets cellphone companies handle massive amounts of e-mail, music, and video traffic. (Full article: 817 words)

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