Cisco

Cisco Systems, Inc.
Company typePublic
Industry
FoundedDecember 10, 1984 (1984-12-10) in San Francisco, California, U.S.
Founders
Headquarters,
U.S.[1]
Area served
Worldwide
Key people
ProductsList of Cisco products
Revenue
  • Increase US$15.03 billion (2023)
  • Increase US$12.61 billion (2023)
Total assets
  • Increase US$101.8 billion (2023)
Total equity
  • Increase US$44.35 billion (2023)
Number of employees
c. 84,900 (2023)
Websitecisco.com
Footnotes / references
Financials as of July 29, 2023.[2]

Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.[3] Cisco specializes in specific tech markets, such as the Internet of things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, Silicon One, and Jasper.

Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect distant computers over a multiprotocol router system. The company went public in 1990 and by the end of the dot-com bubble in the year 2000, had a market capitalization of $500 billion, surpassing Microsoft as the world's most valuable company.[4][5]

Cisco stock (CSCO) was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500, Nasdaq-100, the Russell 1000, and the Russell 1000 Growth Stock indices.[6][7]

  1. ^ "Contact Cisco". Retrieved March 1, 2017.
  2. ^ "Cisco Systems, Inc. Fiscal 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. September 8, 2023.
  3. ^ "Cisco, Form 10-K, Annual Report, Filing Date Sep 12, 2012" (PDF). secdatabase.com. Retrieved March 25, 2013.
  4. ^ "Cisco pushes past Microsoft in market value". CBS Marketwatch. March 25, 2000. Retrieved January 25, 2007.
  5. ^ "Cisco ascends to most valuable company". CNET. Retrieved January 16, 2022.
  6. ^ Browning, E.S. (June 1, 2009). "Travelers, Cisco Replace Citi, GM in Dow". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved June 2, 2009.
  7. ^ WIRED Staff. "Cisco to be Added to the Dow on June 8". Wired. Retrieved December 29, 2021.

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