Posts tagged “Cisco”
If you have wondered why Lenovo has cut jobs in its RTP-based x86 server business this year, some proof can be found in the latest global server sales statistics from IDC. New numbers from Gartner are similar. Yes, Lenovo revenues and share jumped tremendously after buying IBM's x86 business last year, but the growth didn't match the revenues and share IBM shed. Meanwhile, there's good enws for Cisco.
On what's being called "Manic Monday" with the Dow and Nasdaq plunging before recovering then dropping again, Durham's Cree and Novozymes, which has a big presence in Franklinton, bucked the selloff. Take at look at the WRAL TechWire "30" for a snapshot of Triangle tech and life science stocks.
Padmasree Warrior, the former chief strategy and technology officer at Cisco, has stepped aside as one of the keynote speakers at the upcoming CED Tech Venture conference. She recently left Cisco, and another Cisco exec will replace her at the Raleigh event.
Analysis: Under direction from a new CEO, Cisco focuses on business model simplicity and agility to increase its footprint in next-generation IT environments, says Technology Business Research Analyst Krista Macomber.
Chuck Robbins, the new CEO of Cisco, lays out to Wall Street his vision for the future of the technology giant just three weeks after officially replacing long-time CEO (and now executive chairman) John Chambers. In a conference call to discuss Cisco's earnings that beat Street expectations, Robbins is bullish - just as Chambers was so many times over the past two decades.
Analysis: Today is earnings news day for Cisco, and its new CEO Chuck Robbins - a UNC graduate - will be on the firing line with the tech giant expected to report what Technology Business Research forecasts will be "tepid" growth. But don't look for Robbins to slow down any of the strategic changes he is making after replacing John Chambers.
Cisco is selling its set-top business - a $10 billion deal the company made for Scientific Atlanta a decade ago - for $600 million. It's also making more organizational changes internally as UNC graduate Chuck Robbins prepares to take over as CEO.
Money talks in Washington, D.C., and technology giants keep spreading around the cash as it lobbies for everything from tax breaks to more business. AT&T stepped up its lobbying, for example, as it continues to try to win approval for its DirecTV deal. But the communications giant has plenty of company when it comes to investing in D.C.
Tuesday's news that networking giant Cisco is acquiring security firm OpenDNS for a whopping $665 million is the latest reflection of the strategic play it is making in security, writes Technology Business Research's Jane Wright.
Cisco is acquiring security technology firm OpenDNS for $665 million, the latest in a series of recent acquisitions. So why is the networking giant making this buy? Cisco Chief Technology and Strategy Officer Hilton Romanski explains the deal in his own words.
Networking giant Cisco is unveiling a new Internet of Things system on Monday with what it calls a "six-pillar approach" for infrastructure to deliver IoT solutions. These cover much more than bandwidth and routers, including "fog" computing and security. So what are the "six pillars"?
Cisco CEO John Chambers recently predicted that digital disruption was going to put a lot of companies out of business. A new Cisco report says he's right with more than 40 percent of existing leaders are going to be "displaced" by the "Digital Vortex." Where does your company stand? And despite being aware of the threat the "Vortex" poses, many execs say it's "not worthy of board-level attention." Oh, really?
Red Hat is making a great deal of news at its annual Summit this week in Boston, such as going mobile, its partnership with Samsung, and the naming of a new CFO. Not to be overlooked is the partnership between Red Hat, Cisco and NetApp - all with deep roots in the Triangle - to drive more "cloud" and application solutions based on OpenStack. Here's a Hatter's view.
Analysis: Cisco announced its intent to acquire OpenStack specialist Piston last week as a piece of its strategy to secure a leading position as a private cloud infrastructure provider by building a stable of enterprise-caliber OpenStack capabilities. Technology Business Research Analyst Krisa Macomber assesses the impact of the deal.
UNC-Chapel Hill graduate Chuck Robbins unveils the management team he wants when he takes over as Cisco CEO next month. The group of 10 doesn't include Chief Technology Officer Padmasree Warrior and other familiar Cisco names.
Chuck Robbins is bringing someone else with North Carolina experience to help him run Cisco as he takes over as CEO in July. Ruba Borno, a graduate of UNC-Charlotte, joins Robbins' newly named executive leadership team as chief of staff and vice president of growth initiatives. She believes in "putting people first" as a tech company transforms - as Robbins has said Cisco will.
Cisco and IBM are deepening their commitments to the "cloud" - especially in the open source collaborative world of OpenStack where Red Hat is a big player - with acquisitions announced Wednesday. Here's what insiders had to say about the deals.
Back in the Cold War days, what's happening at Cisco would have been called a party purge. Incoming CEO Chuck Robbins disclosed the departure of two senior execs on Monday, and re/code is reporting that CTO Padmasree Warrior is next.