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Tag Archives: Cisco

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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Iron Bow Honored by Cisco; CEO Rene LaVigne Comments

Iron Bow Technologies was honored by Cisco as the firm’s U.S. and Canada Public Sector Telepresence Partner of the Year. The firm was recognized for “its commitment and expertise in collaboration and video and experience in design, product delivery and logistics, to implementation.” “We are honored to have earned Cisco’s …

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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 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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