News: Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

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2 Jul 2015
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Tue, Jun 30 2015

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Cisco to buy OpenDNS for $635 million to boost security business

- Cisco Systems Inc said on Tuesday it would buy OpenDNS, a privately held cloud-based security firm, for $635 million, the latest move to boost its security business as cyber attacks increase in number and sophistication.

UPDATE 3-Cisco to buy OpenDNS for $635 mln to boost security business

* Cisco to continue to pursue M&A in security -executive (Adds quote from executive, background details)

Deals of the day- Mergers and acquisitions

June 30 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Cisco to buy OpenDNS for $635 mln to boost security business

June 30 - Cisco Systems Inc said on Tuesday it would buy OpenDNS, a privately held cloud-based security company, for $635 million in cash and equity awards.

BRIEF-Schneider Electric and Cisco partner to build resilient control system networks

* Schneider Electric and Cisco partner to build resilient control system networks Source text: http://bit.ly/1T0fej3 Further company coverage: (Gdynia Newsroom)

BRIEF-Amper keeps negotiating with Cisco to sign final agreement of payments

* To continue negotiating with Cisco to sign the final agreement of payments, which is consistent with the financing agreement signed with banks Source text for Eikon:

GM to test Cisco technology for sharing road safety spectrum

WASHINGTON - General Motors Co plans to begin testing new Cisco Systems Inc technology that could allow "talking" cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers.

GM to test Cisco technology for sharing road safety spectrum

WASHINGTON, June 24 - General Motors Co plans to begin testing new Cisco Systems Inc technology that could allow "talking" cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers.

BRIEF-Cisco chief: achieving 5 pct of total revenues from India in 5 yrs seems possible

* Outgoing CEO Chambers says achieving 5 percent of total revenues from India in five years 'seems like a reality now'

BRIEF-Cisco to invest additional $40 mln for next phase of expansion in India

* To invest up to $20 million directly and indirectly in india over the next five years

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