Cisco Systems Inc

China drops leading technology brands for state purchases

China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance.

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France says Cisco to invest 100 million euros in French startups

U.S. network equipment maker Cisco Systems Inc. plans to invest $100 million in French start-ups, French Prime Minister Manuel Valls' office said on Monday.

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Workers strike at Foxconn China factory after HP order cut: labor watchdog

More than 1,000 employees went on strike at a China factory owned by Hon Hai Precision Industry Co Ltd (2317.TW), the world's biggest electronics contract manufacturer, demanding higher wages and better benefits, a labor watchdog said on Thursday.

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Activist hedge fund Elliott bids to buy Riverbed Technology for $3.08B

Elliott Management Corp., a hedge fund run by activist investor Paul Singer, has made an offer to acquire network equipment maker Riverbed Technology Inc. for $3.08 billion. Riverbed was reportedly working with Goldman Sachs Group Inc. in November on a potential sale.

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Jabil Circuit to exit aftermarket services for $275M

Jabil Circuit, whose customers include Apple and Cisco Systems, will put up for sale its aftermarket services for $275 million. The contract electronics maker also looks to part ways with BlackBerry as its revenue declines.

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Cisco receives investor pressure to divest its TV set-top box business

Should it relent to pressure to sell its television set-top box business, Cisco could have difficulty finding obvious buyers for the unit, said a Reuters report.

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M/A-COM to acquire Mindspeed for UDS272 million

M/A-COM Technology Solutions Holdings agreed to purchase communications chip maker Mindspeed Technologies Inc. for USD272 million.

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Nvidia names new finance chief

Nvidia Corp.announced naming Colette Kress as its new chief financial officer after David White vacated the post last March 2011.

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Huawei offers new line of switches to challenge Cisco

The Smartphone-like network of switches would be offered by Huawei in October to boost its market share and challenge its rival, Cisco.

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Cisco to purchase Sourcefire for US$2.7 billion

Cisco would purchase Sourcefire for US$2.7 billion and pay US$76 in cash for each share.

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Cisco buys back Sourcefire for US$2.7 billion

Cisco said that they will pay US$2.7 billion to buy back Sourcefire.

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