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Cisco Systems Inc. said Friday it now has enough shares and shareholder commitments to take over Norway's Tandberg ASA, the world's largest videoconferencing equipment maker.
Starent Networks Corp., a maker of equipment for wireless networks, Friday said it had agreed to settle a shareholder lawsuit over its pending acquisition by Cisco Systems Inc.
One area where Hewlett-Packard Co. is expanding aggressively is computer networking, the home turf of market leader Cisco Systems Inc. Earlier this month HP announced plans to buy Cisco competitor 3Com Corp. for $2.7 billion to supplement HP's own line of networking gear.
Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. — and a sign of how old relationships are being frayed by a flurry of maneuvers by technology heavyweights.
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total of $5 billion.
Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA, the world's largest provider of videoconferencing equipment for business users, after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.
Cisco Systems Inc.'s latest results show that the world's No. 1 maker of computer-networking equipment is still being hurt by the downturn, but sees things turning up. The company is forecasting its first year-over-year revenue increase since the financial crisis erupted a year ago.
Another weak day for the dollar and upbeat economic news from China gave investors more reason to keep buying stocks.
Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back.
The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for commodities including gold and oil. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Energy and materials stocks led the market.
Cisco Systems Inc. said Monday it will buy the set-top box business of DVN (Holdings) Ltd., a digital cable technology company in China, for up to $44.5 million.
Betting on the growing popularity of data-hungry phones like the iPhone, Cisco Systems Inc. said Tuesday it had agreed to pay $2.9 billion for Starent Networks Corp., a maker of equipment for wireless carriers.
Cisco Systems Inc. is winning new deals and benefiting from a broad economic recovery, a William Blair analyst said Wednesday as he upgraded the company's stock.
Cisco Systems Inc. tapped its immense cash hoard and announced a deal Thursday to buy Norway's Tandberg ASA for $3 billion in a bid to dominate the global market for videoconferencing equipment.
The chief executive of Cisco Systems Inc., John Chambers, received $14.2 million in compensation for the latest fiscal year, up 16 percent from a year earlier due to more generous allotments of stocks and options, according to an Associated Press calculation of figures disclosed in a regulatory filing.
Pelco Inc., a video and security systems company, said Monday that Cisco Systems Inc. will use its technology to develop high-definition Internet protocol video security cameras.
Networking equipment maker Cisco Systems Inc. said Wednesday it was reappointing Arun Sarin, the former chief executive of Vodafone Group PLC, to its board of directors.
Patent holding company Klausner Technologies Inc. said Wednesday it has sued Cisco Systems Inc. and Avaya Inc. for infringement on a visual voicemail patent.
Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations and the company said the quarter may have been the bottom of the recession-related downturn.
Cisco Systems Inc., the world's largest maker of computer networking gear, reports its fiscal fourth-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period, which ran from April 26 to July 25:
Investors shuffled through the final day of trading before the government's July employment report.
Cisco Systems Inc. laid off 600 to 700 workers at its company headquarters and an undisclosed number of employees at other locations this week, bringing the world's largest maker of computer networking gear closer to its goal of reducing its work force by about 2,000 positions.
The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis.
Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.
Sun loses co-founder to start-upAndreas Bechtolsheim, a brilliant billionaire who has created some of the best-selling computer systems in the industry, is resigning as chief architect of Sun Microsystems to focus on a start-up that is challenging another industry giant, Cisco Systems.
Bridging the Gap, the Sequel A story that Daniel Scheinman, a senior vice president at Cisco Systems in San Jose, Calif., likes to tell illustrates the cultural divide between Hollywood and his Silicon Valley.
Investors Lose Again, Thanks to Supreme CourtThe U.S. Supreme Court gave us more evidence earlier this week of what people in the stock market already knew: This is no time to be an investor.
802.11n could be a game changer in 2008We have a lot of geeky labels in our industry, and one of my new favorites is IEEE 802.11n. Just what do these letters and numbers mean? Simply stated, 802.11n is the latest revision of the wireless networking standard.
Some of the Greatest Stocks EverImagine if you had bought dell back in 1995 at one dollar a share. It is up to Thirty nine dollars now. That is over a three thousand percent increase.
Former Spammer: 'I Know I'm Going to Hell'...."Ed," a retired spammer, built a considerable fortune sending e-mails that promoted pills, porn and casinos. At the peak of his power, Ed says he pulled in US$10,000 to $15,000 a week, storing the money in $20 bills in stacks of boxes.
Cisco and Nokia Siemens Networks Enter Agreement to Help Service Providers Manage Their Complex Networks and Deliver New ServicesOperations Support Systems Initiative to Transform Delivering Next Generation Network (NGN) Services Across Multi-Vendor and Convergent Networks
Indian Outsourcers charged With Visa AbuseTwo senators claim that Indian outsourcers are abusing H-1B rules and using the visas to stock their U.S. operations with low-paid Indian nationals
U.N. focuses on blogger freedomAs bloggers face beatings, torture and jail for criticizing governments, a UN panel criticized companies that are 'passing ethical responsibility' by making agreements with countries that suppress free speech.
U.S. Supreme Court Clears Way for More Patent ChallengesThe U.S. Supreme Court made it easier to challenge patents for failing to introduce genuine innovations, siding with Intel Corp. and Cisco Systems Inc. and dealing a setback to the drug and biotechnology industries.
U.S. Military plans to put Internet Router in SpaceCisco Systems Inc. and Intelsat General Corp., a subsidiary of Intelsat Ltd., are among the companies selected by the U.S. Department of Defense for its Internet Routing In Space (IRIS) project, which aims to deliver military communications through a satellite-based router.
Cisco and i-City to Collaborate on Delivering World-Class Infrastructure and Services to First Multimedia Super Corridor Cybercentre in SelangorCisco® (NASDAQ: CSCO) and i-City Properties Sdn Bhd, a subsidiary of I-Berhad, today announced a memorandum of understanding (MoU) outlining their plans to work together to deliver world-class infrastructure and services to i-City, the first MSC (Multimedia Super Corridor) Cyber …
Apple's Next Product Photoshop ContestMan, these people are hilarious in their entries.
iPhone: is it the next big thing from Apple?Meanwhile, in the UK, the press is just as excited about the possibility of the iPhone, rumoured to be launched later on today.
Company NamesHow did Yahoo! get their name? What was the Greek root behind Xerox? These and more are answered at this thekaran.com article. Technorati Tags:
The New Cisco: From Brand Name to New GameCisco Systems is embracing change across many fronts. The purchase of Linksys a few years ago and Scientific Atlanta last year moves the company into divergent markets where few companies have succeeded.
Cisco Systems this week made a big announcement. First, they are renaming their IP communications line of products under a single banner: Cisco Unified Communications. There is much more here, however, than a marketing makeover.
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