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What is Cisco Systems, Inc. mean?
Cisco Systems, Inc. is an American multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, Webex, Jabber and Jasper, Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security and energy management. On January 25, 2021, Cisco reincorporated in Delaware.
Cisco stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index.
In 2020, Fortune magazine ranked Cisco at number one on their annual list of the 100 Best Companies to Work For in 2021 based on an employee survey of satisfaction.
Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect geographically disparate computers over a multiprotocol router system. By the time the company went public in 1990, Cisco had a market capitalization of $224 million; by the end of the dot-com bubble in the year 2000, this had increased to $500 billion. As of June 2021, Cisco has a market cap of around $230 billion.
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|---|---|
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| Cisco Systems, Inc. | Business |
| Construction Sectoral Council of Ontario | Business |
| Carbon Saving Community Obligation | Community |
| Cisco Systems | Computing |
| Complete Set of Commuting Observables | General |
| Corpus Scriptorum Christianorum Orientalium | General |
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| Compliance Services Collection Operations | Governmental |
Posted on 08 Jan 2025, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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