Cisco Systems' recent financial results were strong, but the planned acquisition of Splunk for $28 billion adds operational and financial risk without adding significant value. The acquisition brings ...
For the quarter ended on October 28th, revenue rose 7.6% YoY to $14.67 billion. Networking hardware maker earned a net income of $3.64 billion, or 89 cents per share, up from last year’s comparable ...
Cisco has invested in Xobni, the start-up that makes an Outlook plug-in and was once rumored to be acquired by Microsoft. Cisco’s investment is part of a $7 million B Round funding by Cisco and ...
One day Cisco CEO John Chambers is describing the business outlook as “extremely challenging”, the next he’s saying the outlook is brighter and that he’s “more comfortable with 12% to 17% long- term ...
NEW YORK, Feb 4 (Reuters) - Cisco Systems Inc Chief Executive John Chambers forecast revenue will drop far more sharply in the current quarter than Wall Street expected, and said the network equipment ...
We’ve trimmed our fair value estimate for Cisco Systems CSCO to $53 per share from $56 after the firm reported impressive fiscal first-quarter results but provided poor guidance for the rest of the ...
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