GigaOM

Red Herring Online :: Cisco wants a big piece of the $70.6 billion storage pie, and thatˆs bad news for its competitors. The data networking giant–faced with slowed growth in its core networking business–is making a major change in direction and gearing up to take on all comers in the fast-growing and lucrative storage business. That should be a chilling prospect for most storage startups and even some well- established players in the space.