Cisco’s Startup Shopping List

Cisco Systems CEO Chuck Robbins’ corporate shopping spree shows no signs of ending. He has lately kicked the tires of several startups in storage, security and networking software, looking to upgrade Cisco’s product portfolio with new technology tied into cloud computing.

The tire-kicking has led to at least one previously undisclosed deal. Cisco has made an $80 million investment in RStor, a stealth storage startup led by a former senior engineering director at Facebook, The Information has learned. Cisco is the lone investor in RStor, which is developing software-based storage, said a person close to Cisco.

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Nutanix might be open to a takeover bid. Its shares dropped more than 30% in the first week of March after the company gave weak guidance for its current quarter. Nutanix shares dropped more than 7% in late March after employees’ lockup period expired, and are currently trading around $16 per share. That has cut its market capitalization to around $2.4 billion. A Nutanix spokeswoman declined to comment.

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For Cisco, the growing popularity of “white box” networking hardware among large cloud providers is a major threat to revenue.