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 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. ...
Cisco introduces solutions for public and private clouds
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
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
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
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
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
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
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
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
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
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
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
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
Cisco announced its intent to acquire privately-held ThousandEyes. ThousandEyes’ Internet and Cloud intelligence platform delivers deep visibility and insights into ...
Apcela expands Cisco, Palo Alto VPN capacity, supporting COVID-19 remote workers
The provider says that any given day most of the companies that allow remote working and remote access to an ...
Cisco patched 3 vulnerabilities in SD-WAN
Three vulnerabilities in the SD-WAN software of Cisco is now patched, two of which can cause root privilege escalation. Vulnerabilities ...
Tech giants canceling MWC events due to coronavirus threat
Facebook, AT&T, Sprint, and Intel are now also canceled their events at Mobile World Congress due to coronavirus outbreak. World ...
Cisco adds Network Insights capabilities to data-center software
Cisco's Data Center Network Assurance and Insights suite can detect problems with the addition of new Network Insights capabilities. It ...
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