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Stock Market & Financial Investment News

News Breaks
June 17, 2014
08:04 EDTCSCOCisco announces intent to acquire Tail-f Systems for $175M in cash, incentives
Cisco announced its intent to acquire privately held Tail-f Systems. Tail-f's products help service providers and enterprise IT organizations easily and cost-effectively implement applications, network services and solutions across networking devices. Headquartered in Stockholm, Sweden, Tail-f's technology also helps reduce the time-to-market for network equipment vendors building equipment for agile, software-programmable networks. Upon completion of the acquisition, Tail-f employees will join Cisco's Cloud and Virtualization Group led by Gee Rittenhouse, vice president and general manager. Under the terms of the agreement, Cisco will pay approximately $175M in cash and retention-based incentives in exchange for all shares of Tail-f. The acquisition of Tail-f is expected to be complete in Q4, subject to customary closing conditions.
News For CSCO From The Last 14 Days
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July 27, 2015
11:18 EDTCSCOCisco's new CEO names Biri Singh as CTO, Kevin Brandy as CDO
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July 26, 2015
15:07 EDTCSCOCisco CEO to add 'key external hires' to management team, Barron's says
Cisco CEO Chuck Robbins told Barron's in an interview that "I think itís fair to say I bring the ability to move faster [than predecessor John Chambers] just in how I structure the teams and how I will interact with them," adding that he plans "some key external hires," potentially in cloud computing and security. The publication notes that shares of Cisco could jump "sharply higher" if investors start looking at Cisco's potential strength in the Internet-of-Things space. Reference Link
14:44 EDTCSCOAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
06:17 EDTCSCOCisco new CEO says to exit Q4 with headcount up
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July 23, 2015
06:15 EDTCSCOTechnicolor to acquire Cisco's connected devices unit for EUR550M
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July 21, 2015
14:24 EDTCSCOEarnings Watch: EMC reports amid M&A speculation in sector
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July 17, 2015
07:05 EDTCSCOCisco management to meet with Deutsche Bank
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July 16, 2015
09:08 EDTCSCOGE unveils high-speed network infrastructure for industrial internet connection
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07:15 EDTCSCOCisco management to meet with Deutsche Bank
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July 15, 2015
07:24 EDTCSCOCisco management to meet with Deutsche Bank
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July 14, 2015
07:07 EDTCSCOCisco management to meet with Deutsche Bank
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July 13, 2015
07:42 EDTCSCOCisco, F5 to benefit from strong IT, data networking spending, says Bernstein
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07:32 EDTCSCOCisco management to meet with Deutsche Bank
Meeting to be held in London on July 13 hosted by Deutsche Bank.

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