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Tag Archives: nasdaq: csco

Cisco Caps newScale Acquisition

Cisco (NASDAQ: CSCO) has finalized its sale of newScale Inc., a service catalog and self-service portal software for IT organizations looking for a quick shift to a cloud platform. services within their businesses. According to the firm, “Cisco’s cloud strategy is to harness the network as a platform for building ...

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Cisco to Boost Cloud Offering with newScale, Inc. Purchase

Cisco (NASDAQ: CSCO) reports that it intends to purchase newScale Inc., a firm focused on “software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses.” The privately-held, California-based newScale helps customers “initiate the provisioning of their own systems ...

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Cisco Makes Financial History

The board of directors at Cisco (NASDAQ: CSCO) voted in favor of the initiation of quarterly cash dividends to shareholders, a first in the history of the firm. The first quarterly dividend is listed at 6 cents per common share to be paid on April 20, 2011, to all shareholders ...

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CSC Honored by Cisco for Partnership Efforts, Successes

CSC (NYSE: CSC) has been honored by Cisco, (NASDAQ: CSCO) winning the firm’s awards for Solution Innovation Partner of the Year and the Cisco Capital Partner of the Year for the Multinational/Global region. “We’re honored to receive this acknowledgement from Cisco, one of the true innovators in high-tech with one ...

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Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million. The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering. According to Cisco, “Inlet brings to the firm a strong team that ...

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Cisco Prices $4 Billion of Senior Secured Notes

Cisco Systems (NASDAQ: CSCO) released the following financial announcement: The firm “priced three series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on March 16, 2011. “Of these notes, $2 billion will mature in March 2014 and will bear interest ...

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Cisco Closes Pari Networks Acquisition

Cisco (NASDAQ: CSCO) completed its acquisition of Pari Networks, a private firm focused on network configuration and change management. The Calif.-based firm will become part of Cisco’s Technical Services. According to Cisco, “Pari Networks brings to the firm an industry-leading team of engineers that will continue to build out and ...

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Cisco Presents Financial Numbers; CEO John Chambers Comments

Cisco issued a financial statement, reporting second quarter net sales of $10.4 billion, with net income on a GAAP basis of $1.5 billion and non-GAAP net income of $2.1 billion. “The quarter played out as we expected,” CEO John Chambers said. “Our strategy of tightly integrating our multiple products through ...

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