ADVFN - Advanced Financial Network.
HOME» NASDAQ » C » CSCO Stock Price » CSCO Stock News

Cisco Systems Share News

 Cisco Systems (mm) Stock Price
CSCO Stock Price
 Cisco Systems (mm) Stock Chart
CSCO Stock Chart
 Cisco Systems (mm) Stock News
CSCO Stock News
 Cisco Systems (mm) Company Information
CSCO Company Information
 Cisco Systems (mm) Stock Trades
CSCO Stock Trades

Cisco Buys Software Security Firm Virtuata

Cisco Systems Inc. (CSCO) said it bought Virtuata, a privately held security software firm, giving the highly acquisitive networking company new tools related to cloud computing and data center infrastructure. Cisco is in the midst of a turnaround after restructuring last year to focus on core product areas such as routing and switching gear that shuttle data between computers. Cisco has said it is benefiting from telecommunications and other companies' need for more robust networks to support mobile and cloud computing. The company said its newest deal "is well-aligned to our strategic goals to develop innovative virtualization, cloud and security technologies, while also cultivating top talent." Financial details of the deal weren't disclosed. The Virtuata team, based in Milpitas, Calif., will join Cisco's Data Center Group. Historically one of Silicon Valley's most active buyers, Cisco has focused more recently on acquiring start-ups and small companies. It recently agreed to acquire Truviso Inc., a real-time network data analysis and reporting software maker, and in March, said it would buy ClearAccess, a maker of customer-premise equipment management software. The company earlier this year also agreed to acquire video-software maker NDS Group Ltd. for $4 billion, the company's biggest deal in more than two years and a reflection of Cisco's focus on video. In May, Cisco said its fiscal third-quarter earnings rose, its second-straight quarter of improved earnings, as the company's margins and revenue continued to strengthen. Shares were recently down 1.2% at $16.12. The stock is down 18% over the past three months. Write to Ben Fox Rubin at

Stock News for Cisco Systems (CSCO)
11/24/201514:30:00BlackBerry Executive Eric Johnson Leaves Company
11/23/201516:16:03Bulls vs. Bears: Who Is Right About Cisco Systems Inc.?
11/23/201508:00:03Dubai Internet City: 3 Things You Should Know
11/23/201508:00:00Next Evolution Of VCE Vblock With Cisco ACI Delivers Policy-Driven...
11/22/201514:00:02Is Cisco Systems Inc. the Best Growth-and-Income Stock in Tech?
11/21/201511:00:175 Things Cisco Systems Wants You to Know
11/20/201516:27:12Current Report Filing (8-k)
11/20/201515:20:03Better Dividend Stock: Oracle or Cisco Systems?
11/20/201515:14:00Cisco to Buy Collaboration Company Acano for $700 Million...
11/20/201509:20:00Cisco to Buy Collaboration Company Acano for $700 Million
11/20/201509:08:00Cisco to Buy Collaboration Company Acano for $700 Million
11/19/201518:05:20Statement of Changes in Beneficial Ownership (4)
11/19/201518:02:58Statement of Changes in Beneficial Ownership (4)
11/19/201517:58:57Statement of Changes in Beneficial Ownership (4)
11/19/201517:13:56Quarterly Report (10-q)
11/19/201509:00:00Wayerz Integrates Cisco Solutions to Enhance Bank-to-Bank Communication
11/18/201507:30:00Nokia Launches $16.6 Billion Offer for Alcatel-Lucent
11/16/201517:19:12Statement of Changes in Beneficial Ownership (4)
11/16/201510:01:06What Investors Need to Know About Cisco Systems' Earnings

Cisco Systems and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations