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Cisco Systems, Inc. is an American multinational corporation headquartered in San Jose, California, that designs, manufactures, and sells networking equipment. Cisco Systems was founded in December 1984 by two members of Stanford University computer support staff: Leonard Bosack who was in charge of the computer science department's computers, and Sandy Lerner, who managed the Graduate School of Business' computers.
The phenomenal growth of the Internet in mid-to-late 1990s quickly changed the telecom landscape. As the Internet Protocol (IP) became widely adopted, the importance of multi-protocol routing declined. Nevertheless, Cisco managed to catch the Internet wave, with products ranging from modem access shelves (AS5200) to core GSR routers that quickly became vital to Internet service providers and by 1998 gave Cisco de facto monopoly in this critical segment.
In late March 2000, at the height of the dot-com bubble, Cisco became the most valuable company in the world, with a market capitalization of more than US$500 billion. In July 2014, with a market cap of about US$129 billion, it is still one of the most valuable companies.
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Cisco Company Profile:
Cisco Systems, Inc. is an American multinational corporation headquartered in San Jose, California, that designs, manufactures, and sells networking equipment. Cisco Systems was founded in December 1984 by two members of Stanford University computer support staff: Leonard Bosack who was in charge of the computer science department's computers, and Sandy Lerner, who managed the Graduate School of Business' computers.
The phenomenal growth of the Internet in mid-to-late 1990s quickly changed the telecom landscape. As the Internet Protocol (IP) became widely adopted, the importance of multi-protocol routing declined. Nevertheless, Cisco managed to catch the Internet wave, with products ranging from modem access shelves (AS5200) to core GSR routers that quickly became vital to Internet service providers and by 1998 gave Cisco de facto monopoly in this critical segment.
In late March 2000, at the height of the dot-com bubble, Cisco became the most valuable company in the world, with a market capitalization of more than US$500 billion. In July 2014, with a market cap of about US$129 billion, it is still one of the most valuable companies.
Company Name | CISCO Systems |
Founder(s) or Key People | Leonard Bosack, Sandy Lerner |
Founded On | 1984 |
Headquarters | San Jose, California, U.S. |
Industry | Networking equipment |
Total Employees | 73,000 (2014) |
Total Revenue | US$ 48.607 billion (2013) |
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