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* Cisco Systems Inc. of San Jose agreed to pay $55 million for closely held Dynamicsoft Inc. of Parsippany, N.J., to expand in the $2.9-billion market for Internet-based phone calling products.
* Volvo, part of Ford Motor Co.’s stable of luxury brands, recalled 460,000 vehicles globally because of defective radiator cooling fans that can overheat and cause fires, Volvo said. The recall affects S60 and S80 cars and V70 and V70 Cross Country wagons from the 1999 to 2001 model years.
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