[126], Cisco has grown increasingly popular in the Asia-Pacific region over the last three decades[when?] In August 2016, Cisco announced it is getting closer to making a deal to acquire Springpath, the startup whose technology is used in Cisco's HyperFlex Systems. The company cut around 3,000 employees with an early-retirement program who accepted a buyout and planned to eliminate as many as 10,000 jobs (around 14 percent of the 73,400 total employees before curtailment). Some popular models of that time (such as Cisco 2500) managed to stay in production for almost a decade virtually unchanged. [13], The name "Cisco" was derived from the city name San Francisco, which is why the company's engineers insisted on using the lower case "cisco" in its early years. Cisco Systems has a market capitalization of US$192b, so it's too big to fly under the radar. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Who owns Cisco Systems Inc [nms]? [181] Cisco denies the allegations. In 1995–1996 the company completed 11 acquisitions. For example, in March 2013, Cisco announced its interest in Myanmar by investing in two Cisco Networking Academies in Yangon and Mandalay and a channel partner network. A part of the Cisco Unified Services Delivery Solution that includes hosted versions of Cisco Unified Communications Manager (UCM), Cisco Unified Contact Center, Cisco Unified Mobility, Cisco Unified Presence, Cisco Unity Connection (unified messaging) and Cisco Webex Meeting Center. Cisco often finds itself involved with technical education. 15-16909", "Cisco offices raided, executives arrested in Brazil: reports", "Brazilian tax authorities raid, close Cisco System's offices in São Paulo, Rio de Janeiro", "Net maintenance provider sues Cisco over allegedly monopolistic SMARTnet", "Cisco Accused Of Monopoly In Antitrust Lawsuit", "Multiven Files Antitrust Lawsuit Against Cisco Systems, Inc", "Cisco Systems hit with antitrust lawsuit", "Lawsuit: Cisco blocks outsider gear maintenance", "After weeks of deliberation, Cisco settles Multiven v. Cisco=19 July 2010", "Cisco settles antitrust suit over software updates", "Judge blasts Cisco's 'unmitigated gall' in ex-exec's arrest", "Cisco Pushing 'Cloud Connect' Router Firmware, Allows Web History Tracking", "Cisco's cloud vision: Mandatory, monetized and killed at their discretion", "Interactive graphics: the spy tools of the NSA are sitting here", "Comment on Der Spiegel articles about NSA TAO Organization", "NSA "upgrade" factory show Cisco router getting implant", "Customer Recommendations: Securing Your Network", "Internet Security Necessary for Global Technology Economy", "In Letter to Obama, Cisco CEO Complains About NSA Allegations", "Cisco Sued for Infringement of Old Nortel Patents", "US firm helps J&K build firewall to keep social media off-limits even when internet returns", "Cisco Says It's Not Helping The Indian Government Enforce The Kashmiri Internet Blackout", "California sues Cisco for alleged discrimination against employee because of caste", "California sues Cisco over discrimination against dalit employee", https://en.wikipedia.org/w/index.php?title=Cisco_Systems&oldid=1007114158, Manufacturing companies based in San Jose, California, Companies in the Dow Jones Industrial Average, Electronics companies established in 1984, Multinational companies headquartered in the United States, Networking companies of the United States, Technology companies based in the San Francisco Bay Area, Companies listed on the Hong Kong Stock Exchange, Pages with non-numeric formatnum arguments, All articles with vague or ambiguous time, Articles containing potentially dated statements from April 2020, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, This page was last edited on 16 February 2021, at 15:00. [117], January 26, 2017, Cisco founded the Innovation Alliance in Germany with eleven other companies bringing together 40 sites and 2,000 staff to provide small businesses in Germany with expertise.[118]. August 1, 2017, Cisco completed the acquisition of Viptela Inc. for $610 million in cash and assumed equity awards. [50] On December 11, 2017, Robbins was elected to succeed Chambers as executive chairman while retaining his role as CEO, and Chambers was given the title of "Chairman Emeritus". [111], October 26, 2015, Cisco announced its intent to acquire ParStream, a privately held company based in Cologne, Germany, that provides an analytics database that allows companies to analyze large amounts of data and store it in near real-time anywhere in the network. Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Thursday, November 12th. [78] Several acquisitions, such as Stratacom,[79] were one of the biggest deals in the industry when they occurred. [133][134], The Tactical Operations team maintains and deploys smaller, more portable communication kits to emergencies outside of North America. Low Net Income for fiscal year 2018 was attributed to a one-time tax charge, that allowed Cisco to bring back capital from overseas. [145] In 2020, Fortune magazine ranked Cisco Systems at number four on their Fortune List of the Top 100 Companies to Work For in 2020 based on an employee survey of satisfaction. Limits of IOS and aging Crescendo architecture also forced Cisco to look at merchant silicon in the carrier Ethernet segment. "[53][54], On May 1, 2018, Cisco Systems agreed to buy AI-driven business intelligence startup Accompany for $270 million. The company was quick to capture the emerging service provider environment, entering the SP market with product lines such as Cisco 7000 and Cisco 8500. Wisconsin native and Chicago transplant Eileen Muza doesn’t mind the quiet. [10] The Blue Box used software that was originally written at Stanford by research engineer William Yeager. [154] Cisco has stated that it does not customize or develop specialized or unique filtering capabilities to enable governments to block access to information and that it sells the same equipment in China as it sells worldwide.[155]. [26], The perceived complexity of programming routing functions in silicon led to the formation of several startups determined to find new ways to process IP and MPLS packets entirely in hardware and blur boundaries between routing and switching. June 28, 2016, Cisco announced its intent to acquire CloudLock, a privately held cloud security company founded in 2011 by three Israeli military veterans,[114] for $293 million. [10] They adapted Yeager's software into what became the foundation for Cisco IOS, despite Yeager's claims that he had been denied permission to sell the Blue Box commercially. [105], April 2, 2015, Cisco announced plans to buy Embrane, a software-defined networking startup. [7] As of November 2020, Cisco has a market cap of around $173 billion. This means that you are using the tools, templets and software of a hosted application in order to create data either within your personal life or within your business. Meraki was acquired by Cisco Systems in December 2012. In response, Cisco later developed homegrown ASICs and fast processing cards for GSR routers and Catalyst 6500 switches. The information on this site is not intended to be, nor does it constitute, investment advice or recommendations. [148] While Cisco denied all allegations in the suit, on August 18, 2006, Cisco's liability insurers, its directors and officers paid the plaintiffs US$91.75 million to settle the suit. Under no circumstances does any information posted on stockzoa.com represent a recommendation to purchase or sell a stock. (Redirected from Sandra Lerner) Sandy Lerner, OBE (born 1955) is an American businesswoman and philanthropist. [137] There are four or five (path to network designers) levels of certification: Entry (CCENT), Associate (CCNA/CCDA), Professional (CCNP/CCDP), Expert (CCIE/CCDE) and recently Architect (CCAr: CCDE previous),[138] as well as nine different paths, Routing & Switching, Design, Industrial Network, Network Security, Service Provider, Service Provider Operations, Storage Networking, Voice, Datacenter and Wireless. [46], In January 2016, Cisco invested in VeloCloud, a software-defined WAN (SD-WAN) start-up with a cloud offering for configuring and optimizing branch office networks. [108], August 6, 2015, Cisco announced that it has completed the acquisition of privately held MaintenanceNet, the US-based company best known for its cloud-based contract management platform ServiceExchange. They can become fully operational within 15 minutes of arrival. The acquisition came just one day before AppDynamics was set to IPO. [143] Cisco ranked number one in Great Place to Work's World's Best Workplaces 2019. [11], In 1985, Bosack and Stanford employee Kirk Lougheed began a project to formally network Stanford's campus. Who owns Cisco Systems? On July 11, 1986, Bosack and Lougheed were forced to resign from Stanford and the university contemplated filing criminal complaints against Cisco and its founders for the theft of its software, hardware designs, and other intellectual properties. [36], On July 23, 2013, Cisco Systems announced a definitive agreement to acquire Sourcefire for $2.7 billion. Who bought or sold Cisco Sys this quarter? The purchase represented the interest that Cisco had in Internet television, as spending on switches and routers decreased, and expanded the corporation's consumer product base after its prior acquisition of Linksys Inc., a producer of wireless networking products for … Cisco settled the antitrust lawsuit two months after Alfred-Adekeye's arrest by making its software updates available to all Multiven customers. Cisco's shares traded at over $43 per share, and its market capitalization was valued at US$213.2 billion in September 2018. [104], June 17, 2014, Cisco announced its intent to acquire privately held Tail-f Systems, a leader in multi-vendor network service orchestration solutions for traditional and virtualized networks. The average price for real estate on County Road 142 is $35,794. [51][52], Reuters reported that "Cisco Systems Inc’s (CSCO.O) product revenue in Russia grew 20 percent in 2017, ahead of Cisco’s technology product revenue growth in the other so-called BRIC countries of Brazil, China and India. [106], May 7, 2015 Cisco announced plans to buy Tropo, a cloud API platform that simplifies the addition of real-time communications and collaboration capabilities within applications. The deal came as part of Cisco's gradual exit from the consumer market, and as part of an effort by Cisco's new leadership to focus on cloud-based products in enterprise segments. Cisco Systems' $1.2 billion purchase of Meraki was pricey, but necessary if the company was going to make a wireless networking play and tap into the small- to mid-sized company market. [80] During the Internet boom in 1999, the company acquired Cerent Corporation, a start-up company located in Petaluma, California, for about US$7 billion. [10] In 1987, Stanford licensed the router software and two computer boards to Cisco. Who owns the Cisco SmartNet Contract? and is the dominant vendor in the Australian market with leadership across all market segments. For the fiscal year 2018, Cisco reported earnings of US$0.1 billion, with an annual revenue of US$49.3 billion, an increase of 2.8% over the previous fiscal cycle. Conference", 49 Days Later, Superstorm Sandy Relief Effort is Still Running on Cisco Technology, Cisco NERV: The ultimate first responder vehicle, 2011 Innovative Preparedness—Cisco Tactical Operations, https://www.cisco.com/c/en/us/training-events/training-certifications/certifications/architect/ccar.html#~Exam, "Q and A With 'Something Ventured' Producer Paul Holland", "Cisco Systems Receives Presidential Award for Corporate Leadership; Cisco's Networking Academy Program Recognized for Highest Quality Corporate Citizenship", Cisco Systems Receives Presidential Award for Corporate Leadership, "The 25 best companies to work for, based on employee satisfaction", "Australia is world's fourth-largest holder of network-security patents, analysis finds", "Cisco Shareholder Class Action Lawsuit Resolved", "Free Software Foundation Files Suit Against Cisco For GPL Violations", "Cisco ordered to pay $1.9b in cyber patent loss", "FRONTLINE: the tank man: the struggle to control information | PBS", "Cisco Testimony Before House International Relations Subcommittee", "Cisco Leak: 'Great Firewall' of China Was a Chance to Sell More Routers", "Doe I et al v. Cisco Systems, Inc. et al", "Doe I, et al v. Cisco Systems, Inc., et al :: Court of Appeals for the Ninth Circuit :: Case No. CISCO, Utah — An artist is trying to revitalize an abandoned old railroad town in eastern Utah by refurbishing dilapidated buildings and converting them into residences for artists. In 1995–1996 the company completed 11 acquisitions. The new Cisco … [127] It uses its Australian office as one of the main headquarters for the Asia-Pacific region.[128]. "[176], Cisco denied the allegations in a customer document[177] saying that no information was included about specific Cisco products, supply chain intervention or implant techniques, or new security vulnerabilities. Garrison Point Advisors LLC now owns 18,190 shares of the network equipment provider’s stock valued at $814,000 after purchasing an additional 238 shares in the last quarter. Cisco's networking solutions connect people, computing devices and computer networks, allowing people to access or transfer information without regard to differences in time, place or type of computer system. As a result, Cisco holds 5.2% of Technicolor’s share capital, of which 16,795,834 shares are subject to an 18-month lock-up and 4,622,306 shares to a 12-month lock-up. The investment fund was allocated to investments in IoT accelerators and startups such as The Alchemist Accelerator, Ayla Networks and EVRYTHNG. [42], On May 4, 2015, Cisco announced CEO and Chairman John Chambers would step down as CEO on July 26, 2015, but remain chairman. Explore the ownership of your data when that data is not stored in a local system. Past performance is a poor indicator of future performance. California State Teachers Retirement System, Robeco Institutional Asset Management B V, Wellcome Trust Limited, as Trustee of the Wellcome Trust, New York State Teachers Retirement System, Raymond James Financial Services Advisors, Healthcare Of Ontario Pension Plan Trust Fund, DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main, State of New Jersey Common Pension Fund D, OTR - Nominee Name for The State Teachers Retirement Board of Ohio, Capital Research and Management Company - Division 3, Track 13F-HR Filings for Hedge Funds and Value Investors. [18], On the more traditional business side, Cisco continued to develop its routing, switching and security portfolio. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. CUSIP Number: 17275R1021; Top Holders and Investors of Cisco Systems Stock. In the early 1980s students and staff at Stanford, including Bosack, used technology on the campus to link all of the school's computer systems to talk to one another, creating a box that functioned as a multiprotocol router called the "Blue Box". [4], Cisco stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index. Cisco also provides training for these certifications via a portal called the Cisco Networking Academy. [23] Cisco introduced products ranging from modem access shelves (AS5200) to core GSR routers, making them a major player in the market. ", "The Evolution of Access Routing; Cisco claim of first multi-protocol router", "COMPANY NEWS; Cisco to Buy Major Maker Of Switches", "COMPANY NEWS; CISCO SYSTEMS AGREES TO BUY GRAND JUNCTION NETWORKS", "Cisco Systems closes $97 million acquisition of Crescendo Communications", "Cisco, Form PRE 14A, Filing Date Sep 19, 1995", "Cisco replaces Microsoft as world's most valuable company", Cisco's CRS-1 router reaches five-year milestone, "Chapter 8 – Promoting Innovation at Home", "Cisco Buys Starent Networks for $2.9 Billion", Cisco to cut costs and jobs as profit stalls, Cisco said to Plan Cutting Up to 10,000 Jobs to Buoy Profit, "Cisco Receives EU Approval to Acquires NDS", "Cisco Sells Linksys Home Router Unit to Belkin", "Cisco Announces Agreement to Acquire Sourcefire Inc. – Cisco Systems", "Cisco issues grim forecast after falling short on revenue", "Cisco Investments Allocates $150 Million to Fund Early-Stage Firms Around the Globe", "Cisco to lay off 6,000 workers in second restructuring", "Cisco, Intel Invest In Hyper-Converged Infrastructure Player Stratoscale", "Cisco's Chambers to step down as CEO, to be executive chairman", "Cisco sells set-top box business to Technicolor for $600 million", "Technicolor to Buy Cisco's Set-Top Box Unit for About $600 Million", "Is Fog Computing the Next Big Thing in the Internet of Things", Cisco opens Umbrella, a cloud-based secure internet gateway, "John Chambers resigns as Cisco chairman, hints at a 'next chapter, "Chambers notifies @Cisco board he won't stand for re-election | The Network | The Network", "Factbox: U.S. companies with exposure to Russia", "BRIEF-Cisco Says Will Acquire Accompany For $270 Million In Cash", "cisco-to-buy-silicon-valley-ai-driven-business", "Cisco Systems on the Forbes Global 2000 List", "Cisco to acquire Mountain View startup that adds AI-powered transcription to Webex", "Cisco Closes CloudCherry Buyout, Boosts Customer Experience", "Cisco stock falls as it forecasts revenue decline", "Cisco exec named CEO of Western Digital as Cisco tells employees about its 'next phase of strategy, "CISCO SYSTEMS, INC. (CSCO) 10K Annual Reports & 10Q SEC Filings", "Cisco Agrees to Acquire Stratacom In a Stock Swap Worth $4 Billion,", "Cisco to Buy StrataCom For $4 Billion in Stock", "Cisco, Form 8-K, Current Report, Filing Date Aug 26, 1999", "Cisco, Form 10-Q, Quarterly Report, Filing Date Nov 23, 2005", "Cisco Announces Agreement to Acquire IronPort", "Cisco launches Self-Defending Network v3.0", "Cisco, Form 8-K, Current Report, Filing Date Mar 15, 2012", "Cisco, Form 8-K, Current Report, Filing Date Oct 14, 2009", "Cisco Completes Acquisition Of Pari Networks (Started By Former Cisco Execs)", "Cisco, Form 8-K, Current Report, Filing Date Oct 5, 2009", "Alcatel-Lucent, Huawei continue tight race for leadership in optical network hardware market", "Cisco, Form 10-Q, Quarterly Report, Filing Date Nov 18, 2009", "Cisco, Form 10-Q, Quarterly Report, Filing Date Feb 19, 2013", "Cisco to buy Israel-based software maker for $475 million", "Corum Group International Advises SolveDirect in Acquisition", "Cisco Announces Intent to Acquire Tail-f Systems", Cisco to buy Embrane to boost datacenter SDN play, "Tropo joins Cisco to Power next-gen collaboration APIs", "Cisco Announces Intent to Acquire OpenDNS", "Cisco Completes MaintenanceNet Acquisition", "Cisco Announces Intent to Acquire ParStream", "Cisco Beefs Up Security, Buys Lancope For $453M", "Cisco to pay $293 million for Israeli-founded CloudLock", "Cisco cracks open wallet for $293m CloudLock acquisition | Business Cloud News", Sources: Cisco Close To Making Bid TO Buy Springpath, "Cisco snaps up AppDynamics for $3.7B right before its IPO", "Cisco Founds Innovation Alliance With Eleven Partners In Germany", "Cloud-first SD-WAN solution offers flexibility and simplicity to enterprises and telecom carriers", Cisco to acquire BroadSoft in $1.9 billion deal, "Cisco Completes Acquisition Of ThousandEyes", "Cisco is buying Slido to improve Q&A, polls and engagement in WebEx videoconferencing", "Cisco acquires customer interaction platform provider IMImobile in $730m deal", "Cisco still dominates as Australian networking sales surge by double digits", "CCIE Security Cisco Certified Internetwork Expert", "Cisco Launches Hosted Collaboration Solution", "Cisco Network Emergency Response Vehicle", "TACOPS — Emergency Response Vehicle Tour, learningatcisco on USTREAM.

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