Cisco Systems
All the latest news on Cisco Systems from the Cloud7 News. You can get the daily news for FREE by subscribing to our newsletter.
- Legal Name: Cisco Systems, Inc.
- Website: www.cisco.com
- Founded: 1984
- Founder(s): Len Bosack, Sandy Lerner
- Wikipedia: wikipedia.org/wiki/Cisco_Systems
- Stock Symbol: NASDAQ:CSCO
- Title: Cisco Systems
What is Cisco Systems?
Cisco Systems is one of the worldwide leader company in networking for the Internet. The company was founded in 1984 by Len Bosack and wife Sandy Lerner, both working for Stanford University, who invented the multiprotocol router to seek an easier way to connect different types of computer systems in 1984. Two years later, Cisco Systems shipped its first product. Now, Cisco Systems is a multi-national corporation, with over 35,000 employees in more than 115 countries. After spending 20 years in Cisco, Chuck Robbins became the Chairman and Chief Executive Officer of Cisco in 2015 and was elected Chairman of the Board in December 2017.
Cisco has started acquisitions as a part of its expansion strategy in the nineties. In 1993, Crescendo Communications was the first company that has been acquired by Cisco. Up to this date. Cisco acquired around 100 companies from various areas including software and network. The company held its initial public offering (IPO) in 1990, Cisco’s shares rose 24%. The company still trades nearly 50% below its all-time high. Cisco has a market cap of more than $155 billion as of March 2020. The company began paying a dividend in 2011 while it has been through years of restructuring.
The company offers artificial intelligence, cloud, data center, IoT, wireless and mobility, software-defined networking, intent based networking, and software solutions for sectors including cities and communities, energy, financial services, healthcare, insurance, manufacturing, oil and gas, retail, utilities, and transportation. Cisco has many awards on technology, services, marketing, and the workplace. Cisco’s networking solutions allow people to access or transfer information without regard to differences in time, place, or type of computer system. Cisco has over 200 trademarks that signify Cisco’s high-quality products and services.
Latest News on Cisco Systems
Cisco fixes the critical vulnerability on Nexus Dashboard
Cisco has introduced many new patches for its Nexus Dashboard and some Small Business RV Series routers. Nexus Dashboard alone ...
CEO arrested for selling fake Cisco devices
Onur Aksoy founded multiple companies and stores to sell fake Cisco equipment. Those companies purchased tens of thousands of fake ...
Cisco is leaving Russia and Belarus
Not a day goes by, a western firm announces its departure from Russian territories. Foreign companies following to wind down ...
Cisco’s end-of-life routers are vulnerable and they won’t be patched
Cisco published a security advisory about a flaw that can be found in Small Business RV110W, RV130, RV130W, and RV215W ...
Cisco introduced its plans for a global, cloud-delivered, integrated platform
Enterprise networking and security solutions provider, Cisco unveiled its plans for a global, cloud-delivered, integrated platform that secures and connects ...
Cisco warns users about a zero-day vulnerability
Cisco published a security advisory informing users that there is a software update available that addresses a vulnerability found in ...
Cisco patches SSH authentication mechanism vulnerability
Cisco patched a vulnerability in the key-based SSH authentication mechanism of Cisco Umbrella Virtual Appliance. The vulnerability could allow a ...
Cisco patches four flaws
Cisco released several patches that address security vulnerabilities found in the company's software. The most critical vulnerability, CVE-2022-20650 has a ...
Cisco’s RV series routers are critically vulnerable
The network equipment giant Cisco has released a new patch for its routers to fix the critical issues on their ...
Cisco has patched a critical vulnerability
The networking technologies company Cisco has released a new patch related to the CVE-2022-20658 flaw. This flaw has a CVSS ...
Cisco and JupiterOne teaming up for joint product
Cisco and JupiterOne introduced a new joint product, Secure Cloud Insights with JupiterOne. The new solution provides Cisco users a ...
Tata Communications and Cisco Systems expanding partnership
Global digital ecosystem enabler, Tata Communications and Cisco Systems are expanding their two-decades-long strategic global partnership. The duo's new agreement ...
Cisco’s Webex hits 8 billion monthly calls
Cisco announced that Webex by Cisco hosts record 8 billion calls monthly and supports more than 39 million cloud calling ...
Cisco released software updates to fix critical authentication bug in NFVIS
Orange Group security researcher Cyrille Chatras discovered a vulnerability in the TACACS+ authentication, authorization, and accounting (AAA) feature of ...
Critical unpatched bugs in Cisco small business routers
A critical security vulnerability in Cisco Small Business Routers (RV110W, RV130, RV130W, and RV215W models) allows remote code execution (RCE) ...
Cisco reports third quarter financial results
Cisco reported financial results for the third quarter. Cisco reported third quarter revenue of $12.8 billion, up 7% year-over-year, net ...
Cisco Talos pinpoints vulnerability in Linux kernel
The Cisco Talos team announced that they have discovered an information disclosure vulnerability in the Linux Kernel, which is the ...
Cisco releases software updates for critical security flaw
Cisco has addressed a maximum severity vulnerability in its Application Centric Infrastructure (ACI) Multi-Site Orchestrator (MSO) due to improper token ...
Cisco to acquire Dashbase
Linda Tong, General Manager at AppDynamics, announced in a blog post Cisco's intent to acquire enterprise software company Dashbase. Palo ...
Cisco to acquire IMImobile PLC
Cisco has signed an agreement to acquire IMImobile PLC. IMImobile provides software and services which allow enterprises and organizations to ...
Cisco released a patch for Security Manager vulnerability
Cisco announced the release of a patch to address a vulnerability tracked as CVE-2020-27130 and a CVSS score of 9.1. ...