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.
Cisco did not come up from nowhere to attain the global status it controls today. It has a long history, one that is characterized by difficulties and success. The firm was founded in 1984 by Leonard Bosack. At the time of incorporation, Bosack worked in the computer lab at the Stanford University. His wife, Lerner, also worked in a different computer lab but within the same university. Bosack was in computer science department laboratories while Lerner was in computer laboratories of the Graduate School of Business.
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.
The company held a market capitalization of 224 million dollars when it went public. In August, the same year of going public, the management fired the wife of Bosack, Lerner. Hearing about it, Bosack resigned from his position within the firm. The couple earned a total of 170 million dollars for the stake they owned. Most of that money ended up in a charity they had started together.
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 has designed and manufactured several products that have received broad media attention. Examples of such products are Telepresence and IP phones, which are featured in many movies and TV shows. The history of this corporation itself has been made into a documentary named Something Ventured. The documentary premiered in 2011. The company also holds the greatest number of patents in network security.
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.
Cisco Systems have gone through a lot of allegations and criticisms over the years. Some of hose allegations turned into multi-million dollar payouts. Recently, a new allegation has been labeled against the corporation that it assists the Chinese government to censor Internet content to its citizens.
Cisco did not come up from nowhere to attain the global status it controls today. It has a long history, one that is characterized by difficulties and success. The firm was founded in 1984 by Leonard Bosack. At the time of incorporation, Bosack worked in the computer lab at the Stanford University. His wife, Lerner, also worked in a different computer lab but within the same university. Bosack was in computer science department laboratories while Lerner was in computer laboratories of the Graduate School of Business.
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.
The company held a market capitalization of 224 million dollars when it went public. In August, the same year of going public, the management fired the wife of Bosack, Lerner. Hearing about it, Bosack resigned from his position within the firm. The couple earned a total of 170 million dollars for the stake they owned. Most of that money ended up in a charity they had started together.
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 has designed and manufactured several products that have received broad media attention. Examples of such products are Telepresence and IP phones, which are featured in many movies and TV shows. The history of this corporation itself has been made into a documentary named Something Ventured. The documentary premiered in 2011. The company also holds the greatest number of patents in network security.
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.
Cisco Systems have gone through a lot of allegations and criticisms over the years. Some of hose allegations turned into multi-million dollar payouts. Recently, a new allegation has been labeled against the corporation that it assists the Chinese government to censor Internet content to its citizens.
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