That's Cisco's R&D model. Buy smaller companies with interesting tech and see if their products stick. If they do, great. If not, spit them out via sale or shut them down.
The parent commenter is saying that Cisco essentially doesn't do much outside of the acquisition.
Companies like Google or Apple do a lot of work to integrate the existing software or hardware into their lineup (e.g. Google Voice, Google Doc, Siri, Siri music search)