They were stupid enough to spend $10B on Autonomy. Buying ANET for $6B to $7B will make it significant again instead of promoting themselves as second to Cisco. Whoever wants to dethrone Cisco needs ANET and or PANW on their portfolio. CSCO could also do the Oracle way of buying its enemy. LOL.
If EMC buys ANET, it has to be at least $100 per share or $6.5B considering the strong growth of the company. If I were CSCO, I'd put an offer on the table for $6B to $7B. If EMC acquires ANET, they have the legal muscle to go toe to toe with CSCO.