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Following the first Cisco takeover purchase, acquisitions have constituted 50 percent of the company's business activity. [ 2 ] The company's largest acquisition as of October 2023 [update] is the purchase of Splunk —a software company that develops software for the analysis and monitoring of machine-generated data — US$ 28 billion. [ 3 ]
With the acquisition of Pure Digital Technologies, Cisco began to sell a line of video-recording devices called "Flip Video" that had been Pure Digital's only line of products. This line of products was not as popular as Cisco had thought it would have been, and on April 12, 2011, Cisco announced they were discontinuing all Flip camera production.
Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware , software , telecommunications equipment and other high-technology services and products. [ 4 ]
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Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. This is a list of notable vendors who produce network hardware.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is chock-full of industry-leading dividend-paying companies -- making it a great place to look for stocks to boost your passive income stream.
Scientific Atlanta, Inc. was a Georgia, United States–based manufacturer of cable television, telecommunications, and broadband equipment.Scientific Atlanta was founded in 1951 by a group of engineers from the Georgia Institute of Technology, and was purchased by Cisco Systems in 2005 for $6.9 billion after Cisco received antitrust clearance for the purchase.
Cisco on Wednesday forecast fourth-quarter revenue between $13.4 billion and $13.6 billion, compared with analysts' estimates of $13.23 billion, according to LSEG data.
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