Key Developments: Cisco Systems Inc (CSCO.O)

CSCO.O on Nasdaq

26 Nov 2014
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Latest Key Developments (Source: Significant Developments)

Toshiba Corp and Cisco intend to engage on internet of things (IoT) strategy
Thursday, 13 Nov 2014 08:00am EST 

Toshiba Corp:That they are collaborating on new ways to utilize the Internet of Everything that can dramatically improve processes, productivity and experiences in manufacturing, transportation and city environments.Representatives from Toshiba and Cisco signed (MoU) this week with intention to advance progress of new smart community.Global collaboration brings together the Cisco Fog Computing (2) network environment featuring Cisco's network-wide security solution with Toshiba Group's endpoint management technology.Joint effort will help monitor and maintain multiple devices, stream computing technology for high-speed information processing collected from devices, and provide storage technology to accumulate information generated with M2M technology.Through this process, Cisco and Toshiba will explore feasibility of technological verification, marketing activities, and provision of solutions for promoting widespread use of fog computing.  Full Article

Cisco Systems Inc gives Q2 2015 guidance; EPS guidance in line with analysts' estimates - Conference Call
Wednesday, 12 Nov 2014 09:30pm EST 

Cisco Systems Inc:Expects Q2 2015 to see mid-single-digit revenue growth in the range of 4 to 7 pct.Expects Q2 2015 non-GAAP earnings per share in the range of $0.50 to $0.52.Q2 2015 revenue of $11.865 bln and EPS of $0.52 - Thomson Reuters I/B/E/S.  Full Article

Cisco announces CFO transition
Wednesday, 12 Nov 2014 04:05pm EST 

Cisco Systems Inc:Says Frank Calderoni recently notified his decision to step down as Executive Vice President and Chief Financial Officer, effective Jan. 1, 2015.Plans to appoint Kelly A. Kramer to succeed Mr. Calderoni.  Full Article

Cisco and Sensity Systems strategic relationship delivers internet of things applications platform
Friday, 17 Oct 2014 08:00am EDT 

Cisco Systems Inc:Cisco and Sensity Systems announces that two companies enters into strategic relationship that utilizes Sensity's NetSense platform as foundation for Cisco's City Infrastructure Management (CIM) software.As part of agreement, Cisco joins Sensity's NetSense Partner Program to create joint solution that converts city lighting infrastructure into distributed sensing platform for Smart City applications, such as smart parking, lighting, retail analytics, and public safety and security.  Full Article

TCL Corp subsidiary to set up cloud joint venture with Cisco Systems,Inc.
Thursday, 9 Oct 2014 08:00pm EDT 

TCL Corp:Reachfull Investment Limited, the subsidiary of TCL to set up a joint venture with Cisco Systems,Inc.The new joint venture will build data centers in China, and set up cloud-based video communication and collaborative office systems for Chinese small- and medium-sized enterprises and industry users, with a registration capital of $80 million.Reachfull Investment Limited to hold a 40.92 pct stake and Cisco Systems,Inc. to hold a 20 pct stake in the joint venture.  Full Article

Cisco completes acquisition of Metacloud
Monday, 29 Sep 2014 04:05pm EDT 

Cisco Systems Inc:Completes acquisition of privately held Metacloud.Based in Pasadena, Calif., Metacloud deploys and operates private clouds for global organizations with unique OpenStack-as-a-Service model that delivers and remotely operates production-ready private clouds in customer's data center.  Full Article

Belgacom expands relationship with Cisco Systems Inc to offer innovative mobile internet services
Thursday, 18 Sep 2014 08:00am EDT 

Cisco Systems Inc:Says Belgacom has broadened its relationship with Cisco and purchased additional Cisco mobile Internet products to help evolve its network and provide Belgacom customers with mobile Internet experiences.Cisco products are the Cisco Serving GPRS Support Node (SGSN) and Cisco Mobility Management Entity.  Full Article

Cisco Systems announces intent to acquire Metacloud
Wednesday, 17 Sep 2014 08:00am EDT 

Cisco Systems Inc:Intent to acquire privately held Metacloud.Upon completion of the acquisition, Metacloud employees will join Cisco's Cloud Infrastructure and Managed Services organization.Acquisition of Metacloud is expected to be complete in the first quarter of fiscal year 2015.  Full Article

Red Hat and Cisco expands partnership
Thursday, 4 Sep 2014 10:30am EDT 

Red Hat and Cisco:Says new integrated infrastructure solution for OpenStack-based cloud deployments.In addition, companies expands their relationship, accelerating collaboration around OpenStack, Application Centric Infrastructure and Intercloud.Working together to provide fully supported, certified platforms that deliver open source innovation and optimized functionality.Companies intend to collaborate to deliver validated architectures, a growing third-party ISV and IHV ecosystem, governance across clouds, and advanced services for lifecycle management of cloud solutions.  Full Article

Cisco Systems Inc declares quarterly cash dividend
Tuesday, 26 Aug 2014 07:15pm EDT 

Cisco Systems Inc:Says that it has declared a quarterly dividend of $0.19 per common share.Says dividend to be paid on Oct. 22, 2014.Says payable to all shareholders of record as of the close of business on Oct. 2, 2014.Cisco's previous quarterly dividend of $0.19 per common share was paid on July 23, 2014.  Full Article


Exclusive: Apollo Global in the lead to acquire Presidio: sources

- Apollo Global Management LLC is in advanced talks to acquire Presidio Inc in a deal that could value the information technology consulting company at close to $1.3 billion, including debt, according to people familiar with the matter.

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