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Cisco Systems Inc. said Thursday it plans to buy Pure Digital, the company behind the popular Flip Video camcorder, for about $590 million in stock.
In a March 14 story about Cisco Systems Inc., The Associated Press misspelled the surname of an executive at Juniper Networks Inc. His name is Mike Banic, not Banick.
Cisco Systems Inc. wants a bigger chunk of the corporate computing market, and plans to start selling servers in competition with old partners like Hewlett-Packard Co. and IBM Corp.
Cisco Systems Inc. is expected to provide details on Monday on its push into the server market, a move that is seen as treading on the toes of longtime partners Hewlett-Packard Co. and IBM Corp.
Technology bellwether Cisco Systems Inc. said Wednesday that incoming orders declined dramatically in January, indicating that the shrinking economy has more pain in store for the industry.
A federal judge has sentenced a former Newark city contractor to five years in prison for a scam that defrauded a prominent computer company of several million dollars.
Cisco Systems Inc. will close most of its U.S. and Canadian offices for 4 days over the holidays as part of a plan to cut $1 billion in costs in the current fiscal year, the company said Tuesday.
Not unlike judges at Olympic gymnastic events, the board of Cisco Systems Inc. assigns numerical grades to the performance of the company's executives. Chief Executive John Chambers score for the last fiscal year was a 1.28, on a scale of 0 to 2.
Cisco Systems Inc. expects revenue for its current quarter and the next one to fall below analyst estimates, due to the weak economy.
Cisco Systems Inc. said Tuesday that sales would be weaker than analysts had forecast in the next few quarters, but investors who had expected worse were cheered.
After seeing Cisco Systems Inc.'s market value plunge $50 billion over the past six months, investors were relieved that the networking equipment maker managed to weather U.S. economic turbulence better than expected in its fiscal third quarter.
Cisco Systems Inc. CEO John Chambers' troubling assessment of the health of U.S. technology spending late last year triggered a stock sell-off that chopped Cisco's market value by one-third.
A "development council" composed of several executives will replace Cisco Systems Inc. CEO heir-apparent Charles Giancarlo, who has resigned.
Cisco Systems Inc. has snapped up Motorola Inc.'s former chief technology officer, adding valuable experience in mobile communications to the ranks of the world's largest Internet networking supplier.
Cisco Systems Inc. has boosted its stock buyback effort by $10 billion, a sign the Internet networking supplier still believes its shares are undervalued.
Amid worry that fluctuations in U.S. business orders are hampering Cisco Systems Inc.'s growth, the company's executives are pointing to surging sales for Cisco's sophisticated Internet machinery outside the U.S.
Network gear maker Cisco Systems Inc. unveiled a multiyear, $16 billion expansion in China on Thursday with investments in manufacturing, venture capital and education.
Cisco Systems Inc. and Indian software company Wipro Ltd. agreed Wednesday to develop information technology in an alliance that could fetch $1 billion in new business annually for the two companies.
Cisco Systems Inc. is snapping up privately held Navini Networks Inc. for $330 million, extending the networking equipment maker's acquisition streak and providing the latest validation for the new wireless network technology called WiMax.
A Massachusetts businessman who resold Cisco Systems Inc. networking gear was arrested on charges he defrauded the technology company out of millions of dollars by cheating its program to replace broken or defective hardware.
Cisco Systems Inc. and Apple Inc. have agreed to share the "iPhone" name, but both companies are staying tightlipped about what future products might come from the resulting deal to collaborate on "interoperability" between the companies' products.
Apple Inc. and Cisco Systems Inc. are apparently suspending their court battle over the iPhone to return to the negotiations table.
What's a name worth? To find out, Cisco Systems Inc. and Apple Inc. may spend millions of dollars in a high-stakes legal battle — and the winner could walk away with the rights to the coveted name "iPhone."
Apple Inc.'s much-ballyhooed iPhone was unveiled this week after 30 months and millions of dollars in top-secret development. But the sleek new iPod-cell phone combination could wind up costing the company a lot more.