cisco systems

Cisco to Buy Springpath for $320 Million

Cisco to Buy Springpath for $320 Million

Cisco Systems Inc. (NASDAQ: CSCO) announced plans to purchase Springpath, a hyper-convergence startup, for $320 million and equity awards.With the acquisition of Springpath, Cisco plans to revolutionize the data center through its innovative Sp..

Cisco Systems Stock Down After Earnings

Cisco Systems Stock Down After Earnings

Cisco Systems, Inc. (NASDAQ: CSCO) announced Q4 and FY2017 results after the bell yesterday, culminating in a 4% drop in stock price today.The company met revenue expectations as well as estimates for earnings per share again, however it also report..