Cisco Systems is a multinational technology corporation that has its headquarters in San Jose in California. The company designs, manufactures, and sells networking equipment. It is the biggest company in the field of computer networking in the whole world over. It has subsidiaries and branches all over the world including Cisco San Diego, one of the best performing branches.
To attain the global dominance the company boasts of today, it has endured a very long history characterized by ups and downs. Cisco Systems was founded by someone named Leonard Bosack in the December of 1984. At the time, Bosack was in charge of computers within the computer science department at Stanford University. On the other hand, the wife managed the computers of Graduate School of Business at the same university.
The origin of the name is the city name, San Francisco. The origin of the name is the reason why the engineers of the corporation insisted on having the name written in small letters during the early years. The logo is a depiction of the two towers of Golden Gate Bridge. Since its inception to 1990, the firm remained private until when it was made public on the 16th day of February, 1990. It was listed on NASDAQ stock exchange the same month.
At the time the firm went public, it had a market capitalization of 224 million dollars. In August of the same year the corporation went public, Lerner, wife of Bosack was fired. When Bosack heard about what had happened he resigned from the firm. The couple was given 170 million dollars for their contribution to the corporation.
This corporation has been successful in manufacturing and selling networking gadgets. As a matter of fact, it leads in the manufacture of networking technologies in the whole world. Continued organizational success has been because of good management. Survival and continued leadership are promised by the continued large-scale investment in new technologies.
Cisco is responsible for designing and manufacturing many products that have been featured in the media broadly. For instance, many TV shows and movies frequently feature IP phones and Telepresence in their plots. A whole documentary has been made about the history of this corporation. The documentary is named Something Ventured and it premiered in 2011. The company is also the largest holder of network security patents.
Mass acquisition has been employed by Cisco as a tactic for remaining powerful and relevant in networking industry. The company spins products and talent by acquiring other firms operating within the same field. Some acquisitions have become multi-billion dollar investment. Some of the companies acquired continue operating as before under the same name, while others are modified and renamed as necessary.
This corporation has been criticized on a number of issues over the years. Some criticisms ended up with the corporation paying millions of dollars in fines to plaintiffs. The most recent criticism is that of Cisco assist the government of China to conduct media censorship, especially the internet.
To attain the global dominance the company boasts of today, it has endured a very long history characterized by ups and downs. Cisco Systems was founded by someone named Leonard Bosack in the December of 1984. At the time, Bosack was in charge of computers within the computer science department at Stanford University. On the other hand, the wife managed the computers of Graduate School of Business at the same university.
The origin of the name is the city name, San Francisco. The origin of the name is the reason why the engineers of the corporation insisted on having the name written in small letters during the early years. The logo is a depiction of the two towers of Golden Gate Bridge. Since its inception to 1990, the firm remained private until when it was made public on the 16th day of February, 1990. It was listed on NASDAQ stock exchange the same month.
At the time the firm went public, it had a market capitalization of 224 million dollars. In August of the same year the corporation went public, Lerner, wife of Bosack was fired. When Bosack heard about what had happened he resigned from the firm. The couple was given 170 million dollars for their contribution to the corporation.
This corporation has been successful in manufacturing and selling networking gadgets. As a matter of fact, it leads in the manufacture of networking technologies in the whole world. Continued organizational success has been because of good management. Survival and continued leadership are promised by the continued large-scale investment in new technologies.
Cisco is responsible for designing and manufacturing many products that have been featured in the media broadly. For instance, many TV shows and movies frequently feature IP phones and Telepresence in their plots. A whole documentary has been made about the history of this corporation. The documentary is named Something Ventured and it premiered in 2011. The company is also the largest holder of network security patents.
Mass acquisition has been employed by Cisco as a tactic for remaining powerful and relevant in networking industry. The company spins products and talent by acquiring other firms operating within the same field. Some acquisitions have become multi-billion dollar investment. Some of the companies acquired continue operating as before under the same name, while others are modified and renamed as necessary.
This corporation has been criticized on a number of issues over the years. Some criticisms ended up with the corporation paying millions of dollars in fines to plaintiffs. The most recent criticism is that of Cisco assist the government of China to conduct media censorship, especially the internet.
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