Cisco 10-Q Tells of Four Possible Deals

Looks like Cisco (CSCO Quote) is putting some of its $22 billion in cash to work.

The big maker of gear for computer networks said in its latest quarterly report Monday that it has agreed to invest in four development-stage companies, and that it has taken options to buy the companies out should they reach certain financial targets. Cisco said it could pay up to $500 million in stock to buy out three of the companies and up to $2.5 billion in stock to buy the fourth.

Cisco did not name the companies or the business they specialize in. Cisco said it has funded a total of $80 million of its $142 million commitment to these four companies to date. ...