Cisco Systems has revealed plans to acquire NDS Group, paying $5 billion for the video software company as part of an effort to increase investment in its software and video services. NDS software ensures that paid digital content gets to appropriate set-top boxes, smart TVs and consumer gadgets, an...
Internet and network gear maker Cisco Systems posted second quarter results that were in line with expectations, but stayed true to recent form among fellow technology firms by disappointing analysts and investors with its outlook. The current business climate is "challenging" in both the U.S. and E...
Cisco's first-quarter revenue rose 17 percent and profit jumped 37 percent, but the networking gear maker's shares took a beating after it failed to provide a more upbeat forecast. The company earned $2.21 billion, or 35 cents per share, for its first quarter, and revenue climbed to $9.55 billion. T...
Cisco and Microsoft may be on a collision course in some areas, including the push to bring a single communications platform to businesses, but their CEOs said Monday the two companies will continue to work together to ensure their products remain compatible. Microsoft CEO Steve Ballmer and Cisco ch...
Cisco Systems released fourth quarter and fiscal year results that heartened technology investors and, according to the networking giant's CEO, reflected "great execution across the company." For the year, Cisco reported net sales of $34.9 billion, a 23 percent increase over its 2006 sales figure, a...
Networking gear giant Cisco Systems on Tuesday posted strong quarterly earnings and issued an upbeat forecast, which drove the company's shares higher and may raise expectations for the technology sector as a whole during 2007. Cisco said it earned $1.92 billion, or 31 cents per share, in the quarte...
In a bid to further broaden its product offerings beyond core Internet gear, Cisco Systems said Thursday it would buy security software marker IronPort in a deal valued at $830 million. Cisco said the cash-and-stock purchase would enable it to extend its "self-defending network" approach to include ...
Hoping to build on its reputation as the maker of network backbones, Cisco said Monday it would launch a video conferencing solution the company believes will help spark a new era of long-distance collaboration for its customers. Cisco said its Cisco TelePresence solution would "redefine" the experi...
Cisco sealed a deal this week to buy another consumer-oriented technology company, this time acquiring video-on-demand player Arroyo Video Solutions for US$92 million. The Arroyo buy is representative of the dominant networking gear maker's overall effort to connect to homes the way it has to busine...
Convergence is a common theme among telecommunications and cable television suppliers. These companies think that by offering a portfolio of bundled voice, video and data services they will be able to gain customers and increase their market share. This desire has created a ripple effect in the netw...
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