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01 Apr, 2020
Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion
Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..
Google and Cisco team up for new Cloud solution
Cisco Systems Inc. (NASDAQ: CSCO) and Alphabet’s (NASDAQ: GOOGL) Google Cloud division announced on Wednesday that two companies will now team up to build more efficient hybrid cloud solutions. The cloud will be managed and secured along facil..
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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, 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..
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