Key Developments: Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

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3 Mar 2015
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Latest Key Developments (Source: Significant Developments)

Telecom Italia and Cisco System, Inc Announce intent to enter agreement to offer cloud services to italian organizations
Tuesday, 3 Mar 2015 02:00am EST 

Telecom Italia and Cisco System, Inc:Says Telecom Italia intends to deliver new Cisco-enabled managed business services, including Cisco Meraki, to organizations throughout Italy as part of LAN management offering.Says Telecom Italia will offer modular and complete set of services for managing and operating business customer networks, while providing deep application control for superior end-user experience.Intents to work together on development of additional cloud managed services based on Cisco's comprehensive virtualization and orchestration software platform that creates, automates and provisions services in real time across compute, storage and network functions.  Full Article

Cisco Systems Inc gives Q3 2015 guidance; revenue above analysts' estimates - Conference Call
Wednesday, 11 Feb 2015 04:30pm EST 

Cisco Systems Inc:Expects Q3 2015 revenue growth in the range of 3-5 pct.Q3 2015 non-GAAP earnings per share in the range of $0.51 to $0.53.Reported revenue of $11.936 bln in Q2 2015.Q3 2015 revenue of $12.095 bln and EPS of $0.53 - Thomson Reuters I/B/E/S.  Full Article

Cisco System Inc increases quarterly cash dividend
Wednesday, 11 Feb 2015 04:05pm EST 

Cisco System Inc:Declares quarterly dividend of $0.21 per common share, a two-cent increase over the previous quarter's dividend, to be paid on April 22, of record as of the close of business on April 2.  Full Article

Cisco System Inc and Proximus renew strategic partnership
Thursday, 8 Jan 2015 04:00am EST 

Cisco System Inc and Proximus:Says at CES 2015 that they have consolidated their partnership to drive joint innovation and business development.Renewed partnership will enable Proximus to provide its customers with faster, tailored and innovative services across its entire portfolio.Says it will benefit from Proximus' technology research and local go-to-market expertise, in order to co-create new service provider offerings.  Full Article

Cisco Systems Inc declares quarterly cash dividend
Wednesday, 17 Dec 2014 04:15pm EST 

Cisco Systems Inc:Declared quarterly dividend of $0.19 per common share to be paid on Jan. 21, 2015 to all shareholders of record as of the close of business on Jan. 6, 2015.  Full Article

US Supreme Court to hear appeal in patent fight with Cisco
Monday, 8 Dec 2014 12:37pm EST 

The U.S. Supreme Court has agreed to hear an appeal of a controversial appeals court decision that set aside a $63.8 mln patent infringement verdict won by The Woodlands, Texas-based Commil USA LLC against Cisco Systems Inc:The 2011 jury verdict later was bumped to more than $73 mln with the addition of prejudgment interest, but was nullified in 2013 by the U.S. Court of Appeals for the Federal Circuit, which hears patent litigation appeals.The Federal Circuit held that Cisco should have been allowed to enter evidence that it had a good faith belief that the infringed Commil patent was invalid.The patent was found to be valid by jurors in an earlier trial in 2010.Controversial Federal Circuit ruling resulted in both the U.S. Solicitor General and the U.S. Patent and Trademark Office supporting Commil's request for the nation's highest court to hear the case.Commil and the company's supporters argued that the Federal Circuit's decision flew in the face of the U.S. Patent Act, which holds that all issued patents are presumed to be valid.  Full Article

Merge Healthcare partners with Cisco to bring digital PACS to Kingdom of Jordan
Wednesday, 3 Dec 2014 07:00am EST 

Merge Healthcare Inc:Says a partnership with Cisco to deliver high quality, affordable radiology services to public hospitals in the Kingdom of Jordan through Jordan Health Ministries' Jordan Health Initiative.New solution, Cisco Service Exchange Platform (SXP), is the first service exchange cloud for radiology to be piloted in the Middle East and Africa.  Full Article

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

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