Cisco Deals

Cisco Buying Mountain View’s Voicea

SAN JOSE — Cisco said it will acquire privately-held Voicea, a voice software firm headquartered in Mountain View. The amount of the deal wasn’t disclosed. Cisco was an investor in the company along with Google, Salesforce, Workday, Battery Ventures and GGV Capital. Voicea is the creator of a real-time solution that provides meeting transcription, voice […]

Cisco News

Cisco Paying $2.6 Billion Cash for Acacia

Cisco has agreed to buy Acacia Communications for about $2.6 billion. An existing Cisco supplier, Maynard, MA-based Acacia designs and manufactures high-speed, optical interconnect technologies that allow webscale companies, service providers, and data center operators to meet the fast-growing consumer demands for data. Under the terms of the agreement, Cisco will pay $70.00 per share […]

Apple Cisco

Apple, Cisco Partner on iPhone, iPad Security

  Apple CEO Tim Cook made an appearance at the Cisco Live conference in Las Vegas today to help announce the Cisco Security Connector app for iPhone and iPad in the enterprise. According to Cisco, while iOS devices are incredibly secure, organizations still need an increased level of visibility and control across all enterprise devices. Whether […]

Cisco Deals

Cisco Buys AppDynamics Right Before IPO

  SAN JOSE — It looks like there will be no IPO for AppDynamics. Cisco (NASDAQ: CSCO) announced Tuesday it will buy AppDynamics, a privately held application intelligence software company based in San Francisco for approximately $3.7 billion in cash and assumed equity awards. AppDynamics was set to go public this week as the first Bay Area technology […]

Cisco News

Silicon Valley’s Churchill Club Announces 2016 Honorees

  SAN JOSE –– Churchill Club, Silicon Valley’s premier independent forum for innovation and economic growth, has announced the guests of honor for its sixth annual Churchills. Recipients of the annual Churchills are selected for excellence in leadership, innovation, collaboration and social good, and will share their insights at an event on Sept. 22 in Santa Clara, […]

Cisco

Cisco Cutting 5,500 Jobs

  Cisco announced a restructuring that will eliminate up to 5,500 positions, representing approximately 7 percent of the company’s global workforce. The cutbacks will begin in the first quarter of fiscal 2017. Cisco reported fourth quarter and fiscal 2016 earnings. Fourth quarter revenue was $12.6 billion, up 2%, with product revenue up 1% and service […]

Cisco Deals

Cisco Buys CliQr for $260 Million

SAN JOSE — Cisco announced it plans to acquire CliQr Technologies Inc., a privately held company based in San Jose for $260 million. CliQr provides an application-defined cloud orchestration platform to model, deploy and manage applications across bare metal, virtualized and container environments. This acquisition will help Cisco customers simplify and accelerate their private, public and hybrid cloud […]