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The company went public in 1990 and, by the end of the dot-com bubble in 2000, had a market capitalization of $500 billion, surpassing Microsoft as the world's most valuable company. [5] [6] Cisco stock (CSCO) was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500, Nasdaq-100, the Russell 1000, and ...
The company's largest acquisition as of October 2023 is the purchase of Splunk—a software company that develops software for the analysis and monitoring of machine-generated data— US$ 28 billion. [3] Cisco's previous largest acquisition was tied between Cerent Corporation and Scientific Atlanta for $6.9 billion in 1999 and 2005 respectively ...
Cisco partners can offer cloud-based services based on Cisco's virtualized Unified Computing System (UCS). A part of the Cisco Unified Services Delivery Solution that includes hosted versions of Cisco Unified Communications Manager (UCM), Cisco Unified Contact Center, Cisco Unified Mobility, Cisco Unified Presence, Cisco Unity Connection ...
Cisco Meraki is a cloud-managed IT company headquartered in San Francisco, California. Their products include wireless, switching, security, enterprise mobility management (EMM) and security cameras, all centrally managed from the web.
Cisco's product was developed in their garage and was sold beginning in 1986 by word of mouth. In their first month alone, Cisco was able to land contracts worth more than $200,000. The company produced revolutionary technology such as the first multiport router-specific line cards and sophisticated routing protocols , giving them domination ...
The company acquired Intranets.com in 2005, providing entrance into the small- and mid-size business market through the company's customer base of businesses with fewer than 100 employees. It acquired the ability to offer online collaboration tools such as discussion forums , document sharing and calendaring while Intranets.com provided access ...
In May 2015, Cisco announced that CEO and chairman John Chambers would step down as CEO in July 2015 while remaining as chairman. Robbins, then a senior vice president, was named as his successor. [5] Mentored by Chambers, Robbins was unanimously voted in as the company's new chief executive, becoming CEO of Cisco Systems in July 2015. [6] [5] [7]
Synamedia Ltd. (previously Cisco's SPVSS business, and formerly NDS Group Ltd., and later Cisco Videoscape) is a video technology provider headquartered in Staines-upon-Thames, UK. Its products cover content distribution and delivery, video processing, advanced advertising, broadband offerings, and video security.