Key Developments: Cisco Systems Inc (CSCO.O)

CSCO.O on Nasdaq

25.65USD
2 Sep 2015
Change (% chg)

-- (--)
Prev Close
$25.65
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
26,864,228
52-wk High
$30.31
52-wk Low
$22.49

Search Stocks

Latest Key Developments (Source: Significant Developments)

Cisco completes acquisition of OpenDNS
Thursday, 27 Aug 2015 08:00am EDT 

Cisco Systems Inc:Announces that it has completed the acquisition of OpenDNS, a privately held company that provides advanced threat protection for any device, anywhere, anytime.Says the acquisition will advance Cisco's Security Everywhere approach by adding broad visibility, enforcement, and threat intelligence from the OpenDNS cloud-delivered platform.  Full Article

Cisco Systems Inc gives Q1 2016 outlook in line with analysts' estimates
Wednesday, 12 Aug 2015 04:05pm EDT 

Cisco Systems Inc:Expects Q1 2016 revenue growth in the range of 2 - 4 pct.Expects Q1 2016 non-GAAP earnings per share in the range of $0.55 - $0.57.Reported revenue of $12.245 bln in Q1 2015.Q1 2016 revenue of $12.555 bln and EPS of $0.56 - Thomson Reuters I/B/E/S.  Full Article

Cisco Systems Inc announces management change - Form 8k
Wednesday, 29 Jul 2015 04:38pm EDT 

Cisco Systems Inc:Says on July 23, Robbins was appointed as chief executive officer and Chambers was appointed as executive chairman.  Full Article

Technicolor to acquire Cisco connected devices division
Thursday, 23 Jul 2015 12:30am EDT 

Technicolor SA:To acquire Cisco Systems Inc connected devices division.Transaction value is 550 million euros in a cash and stock transaction.Cisco will receive approximately 413 million euros in cash and approximately 137 million euros in newly issued Technicolor shares.Acquisition should result in Technicolor's connected home segment reaching adjusted EBITDA in excess of 200 million euros by year-end 2016.Acquisition should lead Technicolor's connected home segment to increased profitability (i.e.8-9% adjusted EBITDA margin) by 2017.  Full Article

Cisco Systems Inc intent to acquire Opendns
Tuesday, 30 Jun 2015 08:00am EDT 

Cisco Systems Inc:Announces intent to acquire Opendns.Says will pay $635 million in cash and assumed equity awards.Says opendns team will join the Cisco security business group organization led by david goeckeler.Deal includes retention based incentives for opendns.Acquisition to boost cisco's security everywhere approach by adding broad visibility and threat intelligence.  Full Article

Schneider Electric and Cisco partner to build resilient control system networks
Tuesday, 30 Jun 2015 04:00am EDT 

Schneider Electric SE:Schneider Electric and Cisco partner to build resilient control system networks.  Full Article

BlackBerry and Cisco sign patent cross-licensing agreement
Tuesday, 23 Jun 2015 07:31am EDT 

BlackBerry Ltd and Cisco Systems Inc:Blackberry and Cisco sign broad patent cross-licensing agreement.Says specific terms of the deal are confidential.BlackBerry will receive a license fee from Cisco. specific terms of the deal are confidential.Says as part of the cross-licensing agreement, BlackBerry will receive a license fee from Cisco.Says intend to further collaborate with Cisco under the agreement.  Full Article

Cisco Systems Inc prices $5 billion of senior unsecured notes
Wednesday, 10 Jun 2015 08:00pm EDT 

Cisco Systems Inc:Says pricing of five series of senior unsecured notes for an aggregate principal amount of $5 billion.Says offering is expected to close on June 17.Says that of these notes, $900 million will mature in June 2018 and will bear interest at a floating rate equal to three-month LIBOR plus 31 basis points, $1.6 billion will mature in June 2018 and will bear interest at an annual rate of 1.650 pct.$1.5 billion will mature in June 2020 and will bear interest at an annual rate of 2.450 pct., $500 million will mature in June 2022 and will bear interest at an annual rate of 3.000 pct. and $500 million will mature in June 2025 and will bear interest at an annual rate of 3.500 pct.Intends to use the net proceeds from this offering for general corporate purposes, including to return capital to shareholders pursuant to its previously-announced capital allocation strategy through repurchase of shares of its common stock and payment of cash dividends.  Full Article

Cisco announces offering of senior unsecured notes
Wednesday, 10 Jun 2015 08:32am EDT 

Cisco Systems Inc:Intends to offer, senior notes under an automatic shelf registration statement on file with the Securities and Exchange Commission.Actual terms of the notes, including interest rate, principal amount and maturity, will depend on market conditions at the time of pricing.Intends to use the net proceeds from this offering for general corporate purposes, including to return capital to shareholders pursuant to its previously-announced capital allocation strategy through the repurchase of shares of its common stock and the payment of cash dividends.Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as joint book-running managers.  Full Article

Cisco declares quarterly cash dividend
Thursday, 28 May 2015 04:30pm EDT 

Cisco System Inc:Declared a quarterly dividend of $0.21 per common share to be paid on July 22 to all shareholders of record as of the close of business on July 6.  Full Article

Photo

Apple partners with Cisco to boost enterprise business

- Apple Inc on Monday teamed up with network gear maker Cisco Systems Inc to improve the performance of its iPad and iPhone devices on Cisco's corporate network.

Search Stocks