Software moves are paying off
Cisco beat analysts’ estimates for quarterly revenue and profit thanks to demand for its routers and switches as well as growth in newer areas of focus such as software.
Big and powerful team up
Networking gear outfit Cisco has teamed up with Amazon Web Services to offer software tools that would make it easier for Cisco’s customers to use Amazon’s data centres.
That is a nice router business you have there... it would be terrible if something happened to it
Amazon Web Services already dominates the market for cloud services and now it wants to take over Cisco's control of the $14 billion global market for data centre switche
But it is still making a killing
Cisco reported third quarter profit and revenue that beat the cocaine nose jobs of Wall Street’s estimates on Wednesday, but shares fell four percent after bleak current quarter forecasts indicated that the transition to a software focused business was not happening yet.
Software better than hardware
Cisco Systems reported its first rise in quarterly revenue in more than two years and forecast upbeat current quarter profit, as the network gear maker’s years long efforts to transform into a software focused company appears to be paying off.
Kubernetes and Istio service mesh
Google and Cisco have teamed up on the hybrid cloud.
Will write $2 billion cheque
Networking giant Cisco is close to a deal to buy telecommunications software firm BroadSoft for $2 billion.
Longest serving big-tech CEO
Cisco Systems had announced that its Executive Chairman John Chambers would not seek re-election after his term expires in December.
Kicking Juniper and Cisco right in the router
Nokia launched what it thinks are the world's fastest network chips and delivered a swift kick to the bottom line of Juniper and Cisco.
Will fire more workers and not those who got it in this mess
Cisco has widely missed what industry experts were expecting for its revenue and rather than sacking senior managers who have been leading the company down the toilet, it has decided to sack 1,100 more workers.