Cisco Systems Inc

Taiwan touts $900 million in new business from Silicon Valley meetings

Taiwan is a major semiconductor producer, home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Corp, and supplies most the world’s major tech firms.

California appeals court rules no arbitration in Cisco caste bias case

The appeals court on Friday also ordered a lower-court judge to reconsider a ruling that would have required the state to identify Doe.

Cisco to buy Acacia Communications for $2.8 billion

The deal is Cisco's biggest acquisition for Cisco since its $3.7-billion purchase of business performance monitoring software company AppDynamics in 2017.

5G-connected cows test milking parlour of the future

Cisco Systems Inc, which is developing network infrastructure for the emerging technology, has set up 5G testbeds to trial wireless and mobile connectivity in three rural locations.

Cisco to cut 5,500 jobs in shift from switches to software

The gradual move to fast-growing sectors such as security, the Internet of Things and the cloud is a response to sluggish demand for Cisco's traditional lineup of switches and routers from telecom carriers and enterprise customers, amid intense competition from companies such as Huawei and Juniper Networks Inc.

Cisco Systems to lay off about 14,000 employees: Report

San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company transition from its hardware roots into a software-centric organization.

IT spending could be a casualty of economic uncertainty: Gartner

Worldwide IT spending is expected to fall slightly this year to USD 3.49 trillion, as the strong US dollar continues to take its toll, the firm said on Thursday.

Cisco wins US patent dispute over wifi technology

Texas-based Commil USA sued Cisco in 2007, shortly after buying the patent from an Israeli company, Commil Ltd, according to court documents. Cisco has called it a non-practicing entity, referring to a company that primarily makes money by licensing patents instead of making products.

Cisco researchers disable major distributor of ransomware

The investigators from Cisco's Talos security unit were looking at the Angler Exploit Kit, which analysts at several companies say has been the most effective of several kits at capturing control of personal computers in the past year, infecting up to 40 percent of those it targeted.

BlackBerry sees co patents as key to turnaround strategy

BlackBerry's fiscal first quarter results in June benefited from this strategy of monetizing its intellectual property, with software and licensing revenue rising more than 150 percent to USD 137 million.

Cisco to buy OpenDNS for $635 mn to boost security business

Cisco has been buying a number of security companies, which has made its relatively tiny security business one of its fastest growing areas in the past two years.

Cisco revenue falls less than expected, outlook awaited

The company reported revenue of USD 11.2 billion in its second fiscal quarter, down from USD 12.1 billion a year earlier. Wall Street on average expected Cisco to report of USD 11.03 billion, according to Thomson Reuters I/B/E/S.

Cisco results to reflect sales slump; brace for bad news

Cisco warned on November 13 that revenue would decline as much as 10 percent in its second fiscal quarter ended in January and that it would not resume growth for several quarters.

Will US stock buyers beat back the bear?

The S&P 500 rose 0.8 percent for the week, scoring a weekly gain for the first time since early January. The benchmark index closed above its 14-day moving average on Friday, the first time it traded above that level since January 23.

After Web stocks boom, investors wary but rout unlikely

Market strategists and tech experts say the comparison is overblown. While there is the potential for a decline in some Web company stock prices that are out of line with their earnings outlook, they say there is little chance of a bloody retreat.

Ex-Apple CEO Sculley mulling BlackBerry bid: Sources

BlackBerry, based in Waterloo, Ontario, once dominated the smartphone market but put itself up for sale after being overtake by Apple's iPhone and devices using Google Inc's Android operating system.

Cisco to buy security software maker Sourcefire

Cisco Systems Inc said it will buy software maker Sourcefire Inc for about USD 2.7 billion to increase its network security services.

TiVo countersues Cisco as DVR patent battle heats up

TiVo Inc countersued Cisco Systems Inc in a court over alleged infringement of four patents relating to digital video recorder (DVR) technology, days after

IBM targets rivals with info tech maintenance product

IBM is taking aim at competitors such as Hewlett Packard Co and Oracle Corp with PureSystems, a new product line that helps companies reduce time and money spent on increasingly complex information technology maintenance.

Cisco could eliminate as many as 10,000 jobs: Report

Networking equipment company, Cisco Systems Inc, could eliminate as many as 10,000 jobs, or about 14% of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.

Cisco plans streamline to five units

Cisco Systems Inc will streamline its sales, services, and engineering organizations and refocus around five growth markets, in a significant restructuring at a company which had admitted it lost its way.

Cisco kills Flip camera in first revamp step

Cisco Systems Inc will dump its Flip video camera division, retiring the popular brand in a first step toward reviving a company its CEO John Chambers admitted has lost its way.

Cisco to buy newScale to boost cloud computing

Cisco Systems Inc said on Tuesday it plans to buy privately held software company newScale Inc, in a deal that would ramp up its cloud computing services.

After years of buying, Cisco may need to sell

For years, the question at Cisco Systems Inc was what to buy next, expanding from routers and switches into consumer electronics in an effort to keep its revenue rising by double digits.