Cisco

Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators

Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators

Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.

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Cisco Acquired Leaba Semiconductor For Less Than $400 Million

Cisco has acquired Leaba Semiconductor, an Israeli company for less than $400 million. The acquired company provides new ideas and solutions for important infrastructure difficulties. It focuses on the product design, development and marketing and develop affinity with silicon wafer manufacturers.

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Cisco to acquire Jasper for $1.4 billion

Cisco announced its intention to purchase Jasper Technologies, a provider of cloud service for internet-powered devices, for $1.4 billion. The merger will enable Cisco to provide a full IoT solution which is inter-operable through devices and coordinates with application developers and IoT service providers.

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Cisco And Ericsson Join Hands To Create Networks Of Future

Cisco and Ericsson on Monday reported a tremendous new partnership that they believe will bring in $1 billion for each company by 2018. Cisco is considered a pioneer in things that are associated to PC networking and is especially strong in selling its gear to market corporations and Government too.

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Ericsson and Cisco pool resources to earn $1 billion each

Ericsson and Cisco make a merger-like deal, but really isn't to face rapidly changing global market and earn up to $1 billion for each company by 2018. Fortune reported that European gear mobile communication manufacturer Ericsson and Silicon Valley Internet gear giant Cisco went into a partnership that is focused on future networks that will help manage the cross-selling for the companies' end-to-end portfolio.

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Apple takes a bite at the enterprise segment

Apple's collaboration with various tech companies to penetrate the once Windows-dominated IT industry proves that Apple is truly a key player in this enterprise.

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Newscred to go beyond content marketing with new $42M fund

Newscred announced that it had successfully raised $42 million in additional funds. The company was established in 2008, which acted as a system for readers to rate an online story or publication's credibility.

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US tech companies lead the $100B market capitalization list

Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.

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Cisco profit edges past estimates as revenue rises 5 percent

Network equipment maker Cisco Systems Inc's (CSCO.O) quarterly profit was a cent ahead of market estimates as new switches, routers, wireless gear and servers drove demand.

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Cisco veteran Robbins to take over as CEO from Chambers

Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing.

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Nasdaq nears all-time highs as exuberance yields to reason

As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago.

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Cisco revenue and profit beat estimates as hardware demand rises

Network equipment maker Cisco Systems Inc (CSCO.O) reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company's traditional telecom customers.

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IBM profit forecast, fourth-quarter revenue below estimates

International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of cloud computing.Shares of IBM, which is still the world's largest technology services company, but no longer regarded as a leader in innovation, fell 1.6 percent to $154.48 in extended trading.

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Cisco Systems sues rival for infringement of network patents

Network equipment maker Cisco Systems Inc filed two lawsuits on Friday against Arista Networks Inc, accusing the smaller rival of copying its networking technologies.

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British startup Evrythng raises $7 million

British startup Evrythng that aims to give all things in the world a unique URL has received $7 million Series A funding from Cisco which said that by 2020 the company would contain 50 billion "things."

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