Cisco Systems
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- 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.
Cisco Systems News
Cisco reports second quarter financial results
Cisco reported the second quarter of the fiscal year 2023 revenue of $13.6 billion with an increase of 7% year ...
Cisco fixes command injection vulnerability
A high-severity problem that affects Cisco's IOx application hosting environment has been acknowledged and addressed by the company. If a ...
Cisco warns of small business router authentication bypass vulnerability
Some of the older Cisco products are currently facing an authentication bypass vulnerability, which will not be patched by the ...
Cisco Talos shares the details of Excel’s double-free vulnerability
Researchers at Cisco Talos have identified a double-free vulnerability in Microsoft Office Excel and reported it to the vendor. A ...
Cisco reports first quarter results
Cisco reported first quarter revenue of $13.6 billion, net income on a GAAP basis of $2.7 billion or $0.65 per ...
Yanluowang ransomware has leaked Cisco data on the dark web
Cisco disclosed a breach by the Yanluowang ransomware group in the middle of August this year, stating that they had ...
Cisco patches three new security flaws affecting multiple products
Cisco announced the release of patches for three vulnerabilities with CVSS scores of 8.6, 7.5, and 4.3. One of the ...
Cisco fixes ASA and Firepower solutions
Cisco announced that the company fixed multiple vulnerabilities affecting its Adaptive Security Appliance Software and Firepower Defense Software. The vulnerabilities ...
Cisco confirms Yanluowang breach
The investigation initiated by Cisco Security Incident Response and Cisco Talos showed that employee credentials were compromised. The attackers conducted ...
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 ...
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