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Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

45.87USD
17 Aug 2018
Change (% chg)

$0.71 (+1.57%)
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Latest Key Developments (Source: Significant Developments)

Cisco To Reflect $400 Mln Litigation Related Payment From Arista Networks In Q1 2019
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Cisco Systems Inc ::CISCO SAYS THE $400 MILLION THAT ARISTA NETWORKS WILL PAY CO AS PER RESOLUTION OF LITIGATION BETWEEN THEM TO BE REFLECTED IN Q1 2019 RESULTS - SEC FILING.  Full Article

BRIEF-Arista Networks To Pay Cisco $400 Mln To Resolve Pending Litigation
Monday, 6 Aug 2018 

Adds source link:ARISTA NETWORKS - ON AUGUST 6, 2018, ARISTA NETWORKS ENTERED INTO A BINDING TERM SHEET WITH CISCO SYSTEMS, INC.ARISTA NETWORKS - TERM SHEET WILL RESULT IN DISMISSAL OF ALL PENDING DISTRICT COURT AND ITC LITIGATION BETWEEN CO, CISCO.ARISTA NETWORKS SAYS UNDER BINDING TERM SHEET, COMPANY WILL PAY CISCO $400 MILLION BY AUGUST 20, 2018 - SEC FILING.ARISTA NETWORKS - CISCO TO GRANT CO RELEASE FOR ALL CLAIMS OF INFRINGEMENT IN PATENT INFRINGEMENT ALLEGATIONS IN PENDING LITIGATION.ARISTA NETWORKS INC - WILL GRANT CISCO A RELEASE FROM ALL PAST ANTITRUST CLAIMS.ARISTA NETWORKS INC - AGREED TO MAKE CERTAIN MODIFICATIONS TO ITS COMMAND LINE INTERFACE.ARISTA NETWORKS - WILL RECORD A LEGAL SETTLEMENT CHARGE OF $405 MILLION TO OPERATING EXPENSES RESULTING IN REVISED GAAP NET LOSS FOR Q2 OF $155.3 MILLION.ARISTA NETWORKS - CO, CISCO AGREED TO 3-YEAR DISPUTE RESOLUTION PROCESS FOR ALLEGATIONS AGAINST NEW AND/OR MODIFIED FEATURES IN OTHER PARTY'S PRODUCTS.ARISTA NETWORKS - ADJUSTMENTS TO Q2 2018 GAAP FINANCIAL RESULTS DO NOT IMPACT NON-GAAP RESULTS.ARISTA NETWORKS - CO, CISCO AGREED TO 5-YEAR STAND-DOWN PERIOD FOR ANY UTILITY PATENT INFRINGEMENT CLAIMS EITHER MAY HAVE AGAINST FEATURES IN OTHER PARTIES' PRODUCTS.  Full Article

Dremio Says Announced Investment From Cisco Investments
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Cisco Systems Inc ::DREMIO SAYS ANNOUNCED INVESTMENT FROM CISCO INVESTMENTS, EXTENDING CO'S SERIES B FINANCING TO $30 MILLION.  Full Article

Amazon Web Services Considering Selling Its Own Networking Switches- The Information
Friday, 13 Jul 2018 

July 13 (Reuters) - :AWS IS CONSIDERING SELLING ITS OWN NETWORKING SWITCHES FOR BUSINESS CUSTOMERS—HARDWARE DEVICES THAT MOVE TRAFFIC AROUND NETWORKS - THE INFORMATION.AWS COULD PRICE ITS WHITE-BOX SWITCHES BETWEEN 70% AND 80% LESS THAN COMPARABLE SWITCHES FROM CISCO - THE INFORMATION.  Full Article

Permira Funds To Acquire Cisco's Service Provider Video Software Solutions Business
Tuesday, 1 May 2018 

May 1 (Reuters) - Cisco Systems Inc ::PERMIRA FUNDS TO ACQUIRE CISCO’S SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS BUSINESS.PERMIRA - A CO BACKED BY PERMIRA HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE CISCO'S SERVICE PROVIDER VIDEO SOFTWARE SOLUTIONS (SPVSS) BUSINESS.PERMIRA SAYS SALE OF CISCO SPVSS BUSINESS HAS BEEN APPROVED BY CISCO'S BOARD OF DIRECTORS.PERMIRA SAYS CISCO WILL RETAIN VIDEO AND MEDIA TECHNOLOGY RELATED TO ITS CORE BUSINESS IN NETWORKING, MULTI-CLOUD, SECURITY, DATA, AND COLLABORATION.  Full Article

Gong.Io Extends A1 Funding Round With Investment From Cisco Investments
Monday, 16 Apr 2018 

April 16 (Reuters) - Cisco Systems Inc ::GONG.IO EXTENDS A1 FUNDING ROUND WITH INVESTMENT FROM CISCO INVESTMENTS.GONG.IO - RECEIVED INVESTMENT FROM CISCO INVESTMENTS IN AN EXTENSION OF A1 FUNDING ROUND.  Full Article

BroadSoft Obtains Antitrust Clearance For Pending Acquisition By Cisco
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Broadsoft Inc ::BROADSOFT OBTAINS ANTITRUST CLEARANCE FOR PENDING ACQUISITION BY CISCO.BROADSOFT- RECEIVED NOTICE FROM DOJ, FTC GRANTING EARLY TERMINATION OF WAITING PERIOD IN CONNECTION WITH MERGER WITH UNIT OF CISCO SYSTEMS.  Full Article

Cisco And Hyundai Motor Company Announce Production Of Next-Generation Hyperconnected Car
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Cisco Systems Inc ::CISCO AND HYUNDAI TO BRING THE NEXT GENERATION CAR TO 2019 PRODUCTION: WORKING TOGETHER TO SPEED UP THE PACE OF INNOVATION.CISCO - HYUNDAI WILL FEATURE THE NEW IN-VEHICLE NETWORK IN THEIR PREMIUM 2019 VEHICLES.  Full Article

Cisco Announces Leadership Changes
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Cisco Systems Inc ::CISCO ANNOUNCES LEADERSHIP CHANGES.CISCO - REBECCA JACOBY, SENIOR VICE PRESIDENT OF OPERATIONS, PLANS TO RETIRE EFFECTIVE JANUARY 27, 2018.CISCO - JACOBY WILL CONTINUE ON AS AN ADVISOR UNTIL END OF MAY.CISCO - ‍CHRIS DEDICOAT EXECUTIVE VP OF WORLDWIDE SALES, FIELD OPERATIONS DECIDED TO LEAVE ROLE AT END OF CO'S CURRENT FISCAL YEAR ON JULY 28, 2018​.CISCO - SENIOR VICE PRESIDENT OF ASIA PACIFIC & JAPAN, IRVING TAN, WILL TAKE ON NEWLY CREATED ROLE OF SENIOR VICE PRESIDENT OF OPERATIONS AND DIGITAL.CISCO - ‍ CHRIS DEDICOAT WILL TRANSITION TO A SENIOR ADVISORY ROLE TO CHAIRMAN AND CEO, CHUCK ROBBINS​.  Full Article

Cisco Declares Quarterly Cash Dividend of $0.29 Per Share
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Cisco Systems Inc ::CISCO DECLARES QUARTERLY CASH DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.29PER SHARE.  Full Article

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