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CISCO

Cisco launches $1 billion AI investment fund

Cisco launches $1 billion AI investment fund

Wed, Jun 05, 2024

Cisco said it will collaborate with AI companies to co-innovate and offer a range of AI solutions, positioning itself as an agnostic provider and platform player to serve its global customer base with diverse.

HCL Tech, Cisco launch 'Pervasive Wireless Mobility as-a-Service' for secured connectivity across enterprises

HCL Tech, Cisco launch 'Pervasive Wireless Mobility as-a-Service' for secured connectivity across enterprises

Fri, May 03, 2024

"HCLTech and Cisco launch Pervasive Wireless Mobility as-a-Service...This brings secure and mission critical connectivity to a diverse set of industries," the release said.

Cisco buying cybersecurity firm Splunk for USD 28 billion, bolstering defences as use of AI widens

Cisco buying cybersecurity firm Splunk for USD 28 billion, bolstering defences as use of AI widens

Thu, Sep 21, 2023

The boards of both companies approved the acquisition, which is expected to close by the end of 2024's third quarter. It still needs approval from Splunk shareholders.

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Cisco to step up investments in Indian markets; to focus on 5G, entrepreneurship

Cisco to step up investments in Indian markets; to focus on 5G, entrepreneurship

Fri, Sep 14, 2018

Cisco had committed an investment of USD 100 million in the first phase of CDA, where it has completed about 50 projects, including setting up 10 innovation labs, three smart city showcases and a cyber-range.

Reliance Jio wins 'Best Mobile Operator Service for Consumers' award

Reliance Jio wins 'Best Mobile Operator Service for Consumers' award

Tue, Feb 27, 2018

Telecom major Reliance Jio Infocomm (Jio) on Tuesday announced that along with its technology partner Cisco, it has won the "Best Mobile Operator Service for Consumers" award at the prestigious Global Mobile (GloMo) Awards 2018 at the Mobile World Congress (MWC) in Barcelona, Spain. Besides, the

RIL plans Rs 60,000 crore integrated industrial area in Maharashtra

RIL plans Rs 60,000 crore integrated industrial area in Maharashtra

Mon, Feb 19, 2018

The event is Maharashtra’s first global investors summit, with an objective similar to the Prime Minister’s Make In India initiative.

I-T busts refund fraud, claims nexus between employees of top companies, CA

I-T busts refund fraud, claims nexus between employees of top companies, CA

Thu, Jan 25, 2018

The Income Tax Department today claimed to have busted a racket of extracting fraudulent tax refunds by employees of bellwether companies like IBM, Vodafone and Infosys in alleged connivance with a Chartered Accountant (CA) in Bengaluru, the IT capital of the country.

Ericsson scraps push for new clients beyond telecoms

Ericsson scraps push for new clients beyond telecoms

Tue, Jun 27, 2017

The Swedish firm`s clients in its core business include Vodafone and Verizon but profits have plunged due to competition from Nokia and China`s Huawei and as telecoms companies make savings. Its shares have fallen 30 percent in two years.

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Excited to keep investing, growing in India, says Amazon CEO Jeff Bezos

Mon, Jun 26, 2017

Amazon CEO Jeff Bezos during his recent meet with Indian prime minister Narendra Modi in the US has said that his meeting with Modi was terrific and he was excited to keep investing and growing in India.

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Thu, May 18, 2017

Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.

Cisco Systems to further lay off 1,100 employees

Cisco Systems to further lay off 1,100 employees

Thu, May 18, 2017

The technology company had earlier announced the restructuring plan in August 2016 to reinvest in "key priority areas" and part of it was to lay off up to 5,500 employees, or 7 per cent its workforce, Xinhua reported on Thursday.

Bengaluru-based hiring start-up firm Belong.co raises $10 million; Sequoia Capital leads funding round

Bengaluru-based hiring start-up firm Belong.co raises $10 million; Sequoia Capital leads funding round

Tue, Feb 28, 2017

Recruitment start-up firm Belong.co has raised $10 million (nearly Rs 66.53 crore) in recent funding round led by venture capital firm Sequoia Capital India.

From waiting seven years for a green card to selling his company to Cisco for $3.7 billion; here is Jyoti Bansal’s story

From waiting seven years for a green card to selling his company to Cisco for $3.7 billion; here is Jyoti Bansal’s story

Sat, Jan 28, 2017

The Indian-American entrepreneur, Jyoti Bansal, who hailed from Delhi’s IIT college has been commended on selling his company –AppDynamics to IT major Cisco for $3.7 billion. Former H1-B visa holder, arrived in America in the year 2000 and waited seven years for a green card.

Cisco to buy AppDynamics for $3.7 billion to go beyond core business

Cisco to buy AppDynamics for $3.7 billion to go beyond core business

Wed, Jan 25, 2017

The traditional software company has been trying to shift its strategy beyond its core networking business to other technology.

Microsoft, Qualcomm invests in Team8 a cybersecurity start-ups

Microsoft, Qualcomm invests in Team8 a cybersecurity start-ups

Mon, Jan 09, 2017

"A large part of companies created won`t get to the finish line," Nadav Zafrir, Team8 chief executive and former commander of the Israeli army`s technology and intelligence unit 8200, told a news conference.

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Mon, Jan 09, 2017

Describing demonetisation as only a "bump", Cisco Executive Chairman John Chambers on Monday said India is well-positioned to maintain gross domestic product (GDP) growth rate of over 7% for the next few years and it should be a "top ally" for the US in the Asia Pacific region.

Networking titan Cisco cuts 5,500 jobs as profit climbs

Networking titan Cisco cuts 5,500 jobs as profit climbs

Thu, Aug 18, 2016

The corporate restructuring aims to cut expenses in "lower growth areas" and shift the money into Cisco priorities such as security, cloud computing, data centers, and the internet of things, according to Robbins.

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