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Tag Archives: Cisco

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 Names Gary Moore COO

Cisco (NASDAQ: CSCO) named Executive VP Gary Moore to the role of chief operating officer, a new position at the firm. “Gary is a seasoned and trusted leader who consistently delivers results. He is uniquely qualified to drive strategic prioritization and accountability within Cisco, with a laser-focus on operational excellence, ” …

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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 …

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CSC Leads GovCon All-Star Team into Competition for Navy NGEN Deal; Jim Sheaffer Comments

CSC (NYSE:CSC) plans to team with General Dynamics Information Technology (NYSE: GD), Harris (NYSE:HRS) and Cisco (NYSE:CSCO) to bid on the Navy’s anticipated five-year contract to provide IT enterprise services. The deal functions under the Next Generation Enterprise Network (NGEN) initiative, “which aims to achieve the Navy’s vision of a …

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Intelligent Decisions Honored by Cisco, Harry Martin Comments

Intelligent Decisions has received the Cisco Channel Customer Satisfaction Excellence award, “the highest distinction a partner can achieve.” According to the firm, “ID is currently a Cisco Gold Certified Partner and now joins the top echelon of customer-focused Cisco partners in the United States.” “We are honored that Cisco has …

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Iron Bow’s Rene LaVigne on Honor from Cisco

Iron Bow Technologies is the recipient of the Cisco Partner Summit regional award for U.S. and Canada Public Sector and Technology Solutions Unified Communications Partner of the Year. “We’re honored to earn Cisco’s recognition as Public Sector Unified Communications Partner of the Year. This award further validates our ability to …

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Cisco CEO John Chambers Talks Cloud Computing

According to IDG Enterprises’ “CEO Interview Series, ” “We think the ultimate intersection will be a confederation, where it is completely transparent to the end user, the CIO and up, ” said Cisco CEO John Chambers.  “Completely transparent to the end user what combination of physical, virtual, public clouds and …

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ESI Honored by Partner Cisco

Electronic Systems, Inc. (ESI) has received Cisco Channel Customer Satisfaction Excellence, a distinction awarded to a partner company through Cisco’s Channel Partner Program. Recognition is extended quarterly to companies that provide outstanding customer service in each of Cisco’s geographic regions. According to the firm: “Cisco assesses customer satisfaction levels using …

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Cisco Reports 2nd Quarter Results

Cisco has announced its second quarter results for the period ended January 23, 2010. The firm reported second quarter net sales of $9.8 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.9 billion or $0.32 per share, and non-GAAP net income of $2.3 billion or $0.40 …

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