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April 3, 2024 at 1:05 PM. Courtesy of Cisco. On this episode of Fortune ’s Leadership Next podcast, Alan Murray sits down with Cisco CEO Chuck Robbins to discuss a new role he's added to his ...
Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through ...
For investors looking to get in on the bustling industry, the following three companies are well worth considering. 1. Cisco Systems. While most cybersecurity companies are software-based, Cisco ...
The company's largest acquisition as of October 2023 is the purchase of Splunk —a software company that develops software for the analysis and monitoring of machine-generated data — US$ 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 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. [ 3 ]
After obtaining his MBA, Chambers began his career in technology sales at IBM 1976–1983 when he was 27 years old. At 34 years old, in 1983, Chambers joined Wang Laboratories, later becoming Vice President of US Operations in 1987. During Chambers' time at the company, Wang's profits declined dramatically from $2 billion 1989 to a $700 million ...
Cisco is at a crossroads, but the company's focus on the long term makes it an intriguing choice for investors now, while the stock is valued as low as it is. Its price-to-earnings ratio of 15.8 ...
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]