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Cherwell Software Lands $25 Million From Insight Venture Partners
There has been a lot of attention recently on companies that build software to manage IT infrastructure and services, whether it’s on premise or in the cloud — bonus if the software can handle mixed...
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Cisco Keeps Up Acquisition Pace With $141 Million Cariden Buy
Networking giant Cisco Systems said this morning that it will buy Cariden, a maker of software used in the planning, design and engineering of networks. Cisco will pay about $141 million for the...
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Cisco Aims to Wake Up Sleepy Brand With New Campaign
Having spent the better part of two years re-inventing and re-sizing itself through layoffs, restructurings and acquisitions, networking giant Cisco Systems has throughout the process struggled to...
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Juniper Spends $176 Million on Networking Start-Up Contrail
Juniper Networks just disclosed in an SEC filing that it spent $176 million to acquire Contrail Systems, a start-up said to be focused on software-defined networks. There’s that phrase again:...
View ArticleCisco to Acquire BroadHop
Networking giant Cisco Systems says it will acquire BroadHop, a Denver-based company focused on network management products used by service providers. The announcement was made in a corporate blog...
View ArticleCisco CEO Chambers Files to Sell Shares
Cisco Systems CEO John Chambers has adopted a plan to sell a combined 2.8 million shares of the company’s shares by mid 2014 in a pre-arranged plan, according to a new filing with the U.S. Securities...
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Cisco Teams With AT&T on Home Security
If you thought that the ongoing flirtation that networking giant Cisco Systems has had over the years with consumer products was over, following its killing of the Flip video camera unit and the Umi...
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Enterprise Software and Cloud Fared Better Than Hardware in Q4 Survey
The analysts at Pacific Crest Securities have just done a survey of enterprise IT resellers, and the results are sort of a good news/bad news thing. It comes down to this (and if you’ve been paying...
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Cisco Sued for Trademark Infringement Over Marketing Slogan
Late last year, networking giant Cisco Systems had big plans. Having suffered through a gut-wrenching round of layoffs and restructuring moves meant to get the company back in fighting trim after a few...
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Cisco "Surprised" at Trademark Lawsuit From University
In response to a lawsuit over the use of the phrase “Tomorrow Starts Here” in a marketing campaign, networking giant Cisco Systems says it is “surprised.” I just received the following statement from a...
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Cisco Acquires Israel's Intucell for $475 Million
Networking giant Cisco Systems said today it will spend $475 million to acquire Intucell, an Israel-based wireless technology company. Intucell was founded in 2008 and is backed by about $9 million $6...
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Polycom's Videoconferencing Business Unfazed by Ambitious Startups, CEO Says
If indeed the ambitious videoconferencing startups of the world, like Vidyo and Blue Jeans Network, were supposed to have messed up the business plans of established players in that world by now, you...
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Cisco's Flirtation With Consumers Is Over, as Belkin Buys Linksys Unit
Looking back, it’s hard to figure out what networking giant Cisco Systems ever wanted with consumer goods, anyway. But now the distraction of trying to sell stuff to consumers and not companies is...
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Seagate Catches Flash Madness With $40 Million Virident Investment
Hard drive manufacturer Seagate has long been facing questions about its response to the competitive threat of solid-state storage technology. Today it responded: It is investing $40 million in...
View ArticleCisco Acquires Czech Republic's Cognitive Security
Cisco just announced in a corporate blog post that it intends to acquire privately held Cognitive Security. It’s a small company headquartered in Prague, Czech Republic, that specializes in applying...
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Intel Capital Joins Big Switch Funding Round
Big Switch Networks, the software-defined networking startup that came out of stealth mode last year, has a new investor in its Series B round of venture capital funding: Intel Capital. The venture arm...
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Cisco Beats Expectations in Second Fiscal Quarter
Quarterly results from networking giant Cisco Systems just crossed the wires, and they’re above expectations. Cisco shares are moving up slightly after hours. Cisco reported earnings of 51 cents per...
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Cisco's 2013 Is Off to a "Slow Start," Chambers Says
Shares of Cisco Systems are falling after hours as its CEO John Chambers predicted a good year in 2013, despite what he called a slow start early. While the initial results beat expectations slightly,...
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A Quick Chat With Cisco CEO John Chambers About Earnings and the Year Ahead
Shares of Cisco Systems are falling today by more than 1 percent, following a quarterly earnings report that was probably more good than bad, and cautiously optimistic comments from CEO John Chambers...
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How The Enterprise May Help Save Hewlett-Packard
As it prepares to report its quarterly earnings today, it’s no overstatement to say the pressure is on Hewlett-Packard. Today’s earnings report, which is expected after the markets close for trading in...
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