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Description

Website: www.cisco.com
Founder(s): Len Bosack, Sandy Lerner
Founded: 1984
Wikipedia: wikipedia.org/wiki/Cisco_Systems
NASDAQ: CSCO

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.

News

Cisco to acquire Dashbase

by Erdem Yasar

December 23, 2020 10:54 pm

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

by Seda Nur Cinar

December 8, 2020 5:57 pm

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

by Erdem Yasar

November 19, 2020 3:33 am

Cisco announced the release of a patch to address a vulnerability tracked as CVE-2020-27130 and a CVSS score of 9.1. ...

Cisco introduces solutions for public and private clouds

by Erdem Yasar

November 4, 2020 3:55 am

Cisco introduced new solutions that enable IT to simplify their operations and gain consistency across on-premise, edge, and public clouds. ...

ngena to expand its operations in the Americas

by Seda Nur Cinar

October 26, 2020 11:23 am

The global pandemic is forcing companies to accelerate the implementation of digital transformation. Limitations of international corporate networks are still ...

Cisco launches new WAN edge platform

by Erdem Yasar

October 23, 2020 9:33 am

Cisco announced its new WAN edge platform to help users accelerate cloud adoption and deliver secure and automated connectivity to ...

Cisco to warn of several DoS flaws in network security software

by Seda Nur Cinar

October 22, 2020 4:45 pm

Cisco has stomped out the vulnerabilities that exist in Cisco’s Firepower Threat Defense (FTD) software and traffic-management products, and its ...

Cisco announces intent to acquire Portshift

by Erdem Yasar

October 2, 2020 3:02 am

Cisco announced that the company has agreed to buy Israeli cybersecurity startup Portshift. The company did not announce the total ...

Cisco adds AWS, Azure hybrid-cloud integration to SD-WAN options

by Seda Nur Cinar

September 24, 2020 6:00 pm

Cisco extends SD-WAN options with AWS, Azure hybrid-cloud integration. With these additions, Cisco aims to ensure cloud-destined traffic gets into ...

Gigamon and Cisco partner for an integrated security solution

by Seda Nur Cinar

September 14, 2020 1:32 pm

Gigamon launched the integration of Gigamon ThreatINSIGHT and Cisco SecureX. InfoSec teams need a platform of integrated, advanced security solutions ...

Cisco’s IOS XR zero-day vulnerability under attack

by Erdem Yasar

September 1, 2020 2:44 am

Cisco announced a zero-day vulnerability in IOS. It affects the Distance Vector Multicast Routing Protocol which is shipped with the ...

Cisco urges users to update network appliances for a critical flaw

by Erdem Yasar

August 22, 2020 9:22 am

Cisco announced that a flaw in Cisco Virtual Wide Area Application Services with Cisco Enterprise NFV Infrastructure Software-bundled images for ...

Cisco completes ThousandEyes acquisition

by Erdem Yasar

August 11, 2020 6:07 am

Cisco announced that the acquisition of ThousandEyes, internet and cloud intelligence platform, is now completed. The platform expands visibility and ...

Cisco announces fixes for multiple vulnerabilities in Treck IP Stack

by Erdem Yasar

July 18, 2020 2:57 am

Cisco announced the release of fixes for the critical vulnerabilities on the Treck IP stack implementation were disclosed on June ...

Cisco unveils SaltStack flaws details

by Erdem Yasar

June 1, 2020 11:34 pm

Cisco published a detailed report on two critical vulnerabilities, CVE-2020-11651 and CVE-2020-11652. Cisco stated that the Salt Open Core team ...

Cisco to acquire ThousandEyes

by Erdem Yasar

May 29, 2020 11:59 pm

Cisco announced its intent to acquire privately-held ThousandEyes. ThousandEyes’ Internet and Cloud intelligence platform delivers deep visibility and insights into ...