Data-center and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending more in the U.S. and developing countries but reported continuing weakness in Southern Europe. Cisco is aiming to become the leading overall IT player, breaking out of its role as primarily a network vendor. Sales of its UCS (Unified Computing System) servers...
(6 days ago)
The self-proclaimed VMware of server-side flash now has more money to build out enterprise-class sales and marketing staff and to add features to its software.
(6 days ago)
Startup founded by two VMware veterans aims to make server-side flash more scalable by pooling it into a shared resource and -- wait for it -- virtualizing it.
(3 months ago)
Shares of Cisco Systems and Tesla Motors jumped in premarket trade on Thursday as shares of Advanced Micro Devices fell.
(5 days ago)
Cisco Systems Inc. is increasing its dividend 21 percent, its second boost in less than a year.
(1 month and 23 days ago)
Now that Cisco Systems Inc. (NASDAQ:CSCO), the No. 1 provider of Internet products, has posted its first quarter of solid income gains deploying its new formula of boosting software and services, the jury’s still weighing whether the move is paying off. Shares of Cisco, which had gained more than 11 percent since respected CEO John T. Chambers laid out the new strategy in...
(3 months and 6 days ago)
Under its CEO, Mike Gustafson's leadership, Virident Systems -- it makes "enterprise PCIe SSD based on Storage Class Memory" -- is growing twice as fast as the $4 billion market for so-called server-side flash storage. The nice thing about Virident's growth is that it flows from giving customers more of what they want -- high performance and low latency.
(3 months and 2 days ago)
Cisco Systems is set to report financial results after the market closes on Wednesday, for a quarter marked by renewed investor confidence.
(3 months and 7 days ago)
The so-called "Internet of everything," the rapidly approaching world where objects from refrigerators to factory robots can talk to people and other machines, will create a massive business opportunity worth US$14.4 trillion over the next decade, according to a new study from Cisco Systems. The Internet of everything, a phrase coined by Cisco to describe the networking of...
(3 months and 1 day ago)
Cisco Systems may not be as well known to consumers as Apple or Google. But its results mirror worldwide economic trends -- and last quarter showed steady improvement.
(6 days ago)
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