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Cisco Systems Inc (CSCO.O)

CSCO.O on Nasdaq

57.36USD
19 Jul 2019
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Tue, Jul 9 2019

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Cisco to buy optical gear maker Acacia for $2.8 billion to build 5G muscle

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.

UPDATE 2-Cisco to buy optical gear maker Acacia for $2.8 bln to build 5G muscle

July 9 Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.

Cisco to buy Acacia Communications for $2.8 bln

July 9 Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash.

Cisco Systems does not win $724 million U.S. defense contract: Pentagon

(This June 18 story corrects to say Pentagon says contract not yet awarded)

CORRECTED-(OFFICIAL)-Cisco Systems does not win $724 mln U.S. defense contract -Pentagon

WASHINGTON, June 18 A U.S. defense contract with a ceiling of $724 million has not yet been awarded, the Pentagon said on Tuesday.

US STOCKS SNAPSHOT-Wall St opens higher after upbeat Cisco, Walmart earnings

May 16 U.S. stocks opened higher on Thursday, helped by upbeat earnings from Cisco and Walmart, although the Trump administration's move to blacklist Chinese telecom company Huawei kept chip stocks under pressure.

Cisco beats earnings target, says has cushioned supply chain from tariffs

Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, saying that minimal sales exposure to China and changes to its supply chains have helped cushion the blow of U.S.-China trade dispute.

UPDATE 3-Cisco beats earnings target, says has cushioned supply chain from tariffs

May 15 Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, saying that minimal sales exposure to China and changes to its supply chains have helped cushion the blow of U.S.-China trade dispute.

Cisco quarterly revenue beats estimates

May 15 Cisco Systems Inc reported quarterly revenue above Wall Street estimates on Wednesday, lifted by growth in its traditional business of selling routers and switches, as well as in its newer focus areas such as cyber security and software.

Cisco revamps its hardware for new Wi-Fi technology

Cisco Systems Inc said on Monday it is rolling out hardware for the next generation of Wi-Fi standards, giving a core part of its $28.2 billion infrastructure business a refresh and in the process aiming to garner more software revenue.

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