Thanks, Hilton! I've been working on the NDS acquisition and integration for eight months now. It's an exciting time to be at Cisco.

The dust has settled from the failed strategic initiatives of the early 2000's (entering the consumer space & reorganizing under boards and councils to attack thirty market adjancies). I'm excited to see a consistent message.

I'm even more excited to see the divestiture of business entities such as Linksys & Flip. It's not a failure to divest. We must align both sides of M&A with smart, focused operational cash flow.