Cisco Systems Inc Chief Executive John Chambers reiterated the company's long-term target of 12 percent to 17 percent annual revenue growth, citing an economic recovery and expansion into new markets.
Cisco Systems Inc is expected next week to say it can return to double-digit sales growth due to a stronger economy and expansion in high-growth businesses, including the acquisition of videoconference leader Tandberg .
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Cisco Systems Inc's veteran dealmakers may have learnt some new lessons from their drawn-out pursuit of Norway's Tandberg ASA, the video conferencing leader.
Cisco Systems has control over more than 90 percent of Norwegian target Tandberg, allowing it to squeeze out remaining shareholders, and create the world's leader in videoconferencing equipment.
The U.S. government has identified flaws in equipment from four companies, including Cisco Systems Inc , that hackers can exploit to break into corporate computer networks.
Cisco Systems Inc needs more help from shareholders to meet the acceptance threshold in its bid to buy Norway's Tandberg ASA and create the global leader in videoconferencing equipment.
IBM , the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million, Israeli financial newspaper TheMarker reported.
Cisco Systems Inc raised its bid for Tandberg ASA 10 percent to 19 billion Norwegian crowns ($3.41 billion), a move widely expected to win over shareholders of the video conferencing company.
U.S. network equipment maker Cisco raised its bid for Norwegian video conferencing equipment maker Tandberg and said it was backed by holders of more than 40 percent of its shares after few warmed to its previous offer.
Cisco Systems Inc shareholders narrowly approved a say on pay proposal giving them a greater voice in setting executive compensation.
Major technology companies seem to be launching multibillion-dollar acquisitions every other week, and those who don't join the race may be at risk of getting run over.
Hewlett-Packard Co's $3.1 billion play for 3Com Corp will help the technology giant expand its product portfolio amid rapid industry consolidation -- and few think HP is done shopping.
Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.
Shares of 3Com Corp soared more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co agreed to acquire the networking solutions provider for $2.7 billion, while HP shares slipped 0.7 percent to $49.65.
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Logitech said it is buying privately held LifeSize Communications for $405 million, bolstering its position in the much-prized video communication market, which is seen as a key source of future growth.
Cisco Systems, the largest U.S. network equipment maker, said investors holding 9.37 percent of Norwegian videoconferencing company Tandberg's shares had accepted its tender offer.
Top U.S. network equipment maker Cisco Systems on Monday launched a $5 billion three-part debt sale, showing the company replenishing its war chest as it steps up acquisitions.
U.S. network equipment maker Cisco Systems Inc said on Monday it was extending the offer period for its $3 billion bid for Norwegian video conferencing company Tandberg by nine days to November 18.
U.S. network equipment maker Cisco Systems Inc faces a touch choice as the Monday deadline approaches for its $3 billion tender offer for Norwegian video conferencing company Tandberg ASA.