Tag Archives: Cisco

Cisco sets $1 billion investment for global cloud computing network

By Marina Lopes WASHINGTON (Reuters) – Cisco Systems will invest $ 1 billion over two years to expand its cloud offerings, the company said on Monday, linking hundreds of data centers and cloud providers around the world in a network … Continue reading

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Cisco CEO Chambers rules out EMC takeover deal

NEW YORK (Reuters) – Cisco Chief Executive John Chambers on Wednesday said the networking company was not among potential suitors for data storage products maker EMC Corp , which has said it is exploring options including a sale. Chambers, speaking … Continue reading

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Cisco to take $700 million in restructuring charges for layoffs

Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $ 700 million in cash in the year ending July 2015. The latest round of layoffs, announced on Wednesday, … Continue reading

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Cisco to cut another 6,000 jobs as forecast falls flat

Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, … Continue reading

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Cisco recovers from surveillance concerns

The US maker of internet communications equipment remains hurt by a slump in sales in the developing world after concerns over government surveillance Asia homepage

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Cisco posts smaller-than-expected drop in fiscal fourth quarter revenue

Network equipment maker Cisco Systems Inc posted a smaller-than-expected 0.5 percent dip in quarterly revenue, as the company makes a transition through a new cycle of high-end switches and routers. Cisco reported revenue of $ 12.4 billion, effectively flat from … Continue reading

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Cisco results to reflect sales slump; investors brace for more bad news

By Sinead Carew NEW YORK (Reuters) – Investors who were shocked by Cisco Systems Inc's dire financial outlook in its last quarterly earnings report are bracing for more bad news when the network equipment maker reports results on Wednesday. Cisco … Continue reading

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Exclusive: FireEye takes on Cisco, Palo Alto with new cyber product

Cybersecurity firm FireEye Inc plans to take on Cisco Systems Inc and Palo Alto Networks Inc in selling intrusion prevention systems, which help companies detect cyber threats that breach their firewalls. FireEye said on Monday that it plans to start … Continue reading

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U.S. mobile data traffic to jump nearly eight-fold by 2018: Cisco

By Alina Selyukh WASHINGTON (Reuters) – The volume of data crossing U.S. mobile networks will grow almost eight-fold by 2018, and demand for Internet-connected devices will also skyrocket, according to a report released on Wednesday that poses questions about U.S. … Continue reading

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Cisco and Google sign patent cross-licensing agreement

(Reuters) – Cisco Systems Inc and Google Inc said they had entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies. The cross-licensing agreement is an effective way to help prevent unnecessary patent lawsuits, the … Continue reading

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