It's clearly becoming a more concentrated industry from a consumer standpoint, and with Cisco buying Scientific-Atlanta and now this deal, it's going to be difficult for smaller companies.
More Quotes from Nikos Theodosopoulos:
The quarter was much better than expected - revenues were way ahead of plan.Nikos Theodosopoulos
Acquisitions are very important. And in fact one of the distinguishing factors between Cisco, Lucent, and Nortel is the ability to successfully acquire. Most of the new exciting technologies are coming from start-ups. And the ability for these companies to identify those start-ups and properly integrate them is going to be an ongoing differentiating factor.
Nikos Theodosopoulos
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