Cisco (CSCO) agreed to acquire BroadSoft (BSFT) for $1.9 billion on Monday. 

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Cisco has a lot of cash overseas. "[CEO] Chuck Robbins did that deal in order to be able to augment his service provider revenue," Cramer noted. 

Jim Cramer will host CNBC's Jon Najarian, TD Ameritrade's JJ Kinahan, famed analytics expert Marc Chaikin and other market mavens on Oct. 28 in New York City to share successful strategies for active investors.
Click here for the full conference agenda or to reserve your seat now.

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