Académique Documents
Professionnel Documents
Culture Documents
Contents
[hide]
• 1 Corporate history
• 2 Corporate affairs
• 3 Products and services
o 3.1 Partial list of hardware products
o 3.2 Partial list of software products
o 3.3 Cisco Systems VPN Client
o 3.4 VoIP services
• 4 Criticisms and controversy
o 4.1 China
o 4.2 Shareholder class action lawsuit against Cisco
o 4.3 Cisco lawsuit against Huawei
o 4.4 Brazil
• 5 See also
• 6 References
• 7 External links
One of the many buildings on the Cisco Systems campus in San Jose
Len Bosack and Sandy Lerner, a married couple that worked in computer operations staff
at Stanford University, later joined by Richard Troiano, founded cisco Systems in 1984.
The name "Cisco" was derived from the city name, San Francisco, which is why the
company insisted using the lower case 'cisco' in the early days. Bosack adapted multiple-
protocol router software originally written by William Yeager, another staff employee
who had begun the work years before Bosack arrived from the University of
Pennsylvania, where Bosack had received his bachelor's degree.
While Cisco was not the first company to develop and sell a router,[2] it was one of the
first to sell commercially successful routers supporting multiple network protocols.[3] As
the Internet Protocol (IP) has become a standard, the importance of multi-protocol
routing as a function has declined. Today, Cisco's largest routers are marketed to route
primarily IP packets and MPLS frames.
In 1990, the company went public and was listed on the Nasdaq stock exchange. Lerner
was fired and because of that, Bosack quit but not before receiving $200 million. Most of
those profits were given to charities and the two later divorced.
Cisco acquired a variety of companies to bring in talent and innovation into the company.
Several acquisitions, e.g. Stratacom, were the biggest deals at the time when it happened.
During the Internet boom in 1999, the company acquired Cerent Corp., a start-up
company located in Petaluma, California, for about US$7 billion. It was the most
expensive acquisition made by Cisco at that time. Since then, only Cisco's acquisition of
Scientific-Atlanta has been bigger. Although not every acquisition is equally successful,
Cisco has been on the successful side integrating its acquisitions compared to its
competitors. Several acquired companies has grown into the backbone business units for
Cisco in the LAN switching, VOIP, and home networking area.
In late March 2000, at the height of the dot-com boom, Cisco was the most valuable
company in the world, with a market capitalization of more than US$500 billion.[4][5] In
2007, with a market cap of about US$180 billion, it is still one of the most valuable
companies.[6] CSCO was voted stock of the decade on NASDAQ. The company's 7500
Series router was voted 3rd in the product of the decade 1990-2000 behind the Mosaic
web browser and the Novell LAN manager.
Cisco has made inroads into many network equipment markets outside routing, including
Ethernet switching, remote access, branch office routers, ATM networking, security, IP
telephony, and others. In 2003, Cisco acquired Linksys, a popular manufacturer of
computer networking hardware and positioned it as a leading brand for the home and end
user networking market (SOHO).
The company's first two CEOs are John Morgridge and John Chambers[7] (active).
Cisco's vision is "Changing the Way We Work, Live, Play and Learn." Cisco's current
tagline is "Welcome to the human network."[9]
The Cisco Systems VPN Client is an executable program that allows Linux, Mac OS X,
Solaris and Windows based computers to connect to a Virtual Private Network (VPN).
The client makes remote resources of another network available in a secure way as if the
user was connected directly to that "private" network. The software is not free but is often
installed on university and business computers in accordance with a site-license. Cisco
has recently released a client called Cisco AnyConnect VPN. This new client supports 64
bit operating systems.
[edit] VoIP services
Cisco became a major provider of Voice over IP to enterprises, and is now moving into
the home user market through its acquisitions of Scientific Atlanta and Linksys. Scientific
Atlanta provides VoIP equipment to cable service providers such as Time Warner,
Cablevision, Rogers Communications, UPC, and others; Linksys has partnered with
companies such as Skype and Yahoo to integrate consumer VoIP services with wireless
and cordless phones.
Cisco has been criticized for its involvement in censorship in the People's Republic of
China.[10] According to author Ethan Gutmann, Cisco and other telecommunications
equipment providers supplied the Chinese government with surveillance and Internet
infrastructure equipment that is used to block Internet websites and track Chinese on-line
activities. Cisco says that it does not customize or develop specialized or unique filtering
capabilities to enable governments or regimes to block access to information and that it
sells the same equipment in China as it sells worldwide.[11] Leaked documents suggests
that Cisco sees information control in China as a good commercial opportunity.[12]
On August 18, 2006 Cisco reached a settlement in a long-standing class action lawsuit
that originated in 2001. "The original suit, filed April 20, 2001, claimed that the company
made misleading statements, or omitted statements of material fact, that were relied on by
purchasers of Cisco stock. It also alleged that the individual defendants sold Cisco stock
while in possession of material, non-public information. Cisco denied all allegations in
the suit."[13] While Cisco denies all wrongdoing in the suit, it agreed to settle with the
plaintiffs. Cisco's liability insurers, its directors, and officers paid the plaintiffs US$91.75
million to settle the suit.[14]
On January 23, 2003, Cisco sued Huawei Technologies, Co., Ltd and its subsidiaries,
Huawei America, Inc. and FutureWei Technologies, Inc. over Huawei's unlawful copying
of Cisco's intellectual property.[15] The suit alleged that Huawei "unlawfully copied and
misappropriated Cisco's IOS software... and infringed numerous Cisco patents." Cisco
suspended the patent infringement lawsuit on October 1, 2003, after Huawei agreed to
modify some of their products.
[edit] Brazil
On October 16, 2007, the Brazilian Federal Police and Brazilian Receita Federal
(equivalent to the American IRS) under the "Persona Operation" uncovered an alleged
tax fraud scheme employed since 2002 that exempted the company from paying over
R$1.5 billion (US$824 million) in taxes.[16]
[edit] References
1. ^ "Company Profile for Cisco Systems Inc (CSCO)". Retrieved on 2008-09-30.
2. ^ "I, Cringely . NerdTV . Transcript | PBS". Pbs.org. Retrieved on 2008-11-13.
3. ^ Cisco claim of first multi-protocol router
4. ^ "Cisco pushes past Microsoft in market value", CBS Marketwatch (2000-03-
25). Retrieved on 25 January 2007.
5. ^ "Cisco replaces Microsoft as world's most valuable company", Reuters, The
Indian Express (2000-03-25). Retrieved on 25 January 2007.
6. ^ Fost, Dan (2006-05-05). "Chron 200 Market capitalization", San Francisco
Chronicle. Retrieved on 25 January 2007.
7. ^ http://en.wikipedia.org/wiki/John_Chambers_(CEO)
8. ^ "Cisco Systems Office Locations". Cisco Systems. Retrieved on 2008-04-17.
9. ^ "The Human Network". Cisco Systems, Inc.. Retrieved on 2007-01-25.
10. ^ "FRONTLINE: the tank man: the struggle to control information | PBS".
Pbs.org. Retrieved on 2008-11-13.
11. ^ Earnhardt, John (2006-02-15). "Cisco Testimony Before House International
Relations Subcommittee". Cisco Systems, Inc.. Retrieved on 2007-01-25.
12. ^ "Leaked Cisco Internal Memo".
13. ^ Cisco Systems, Inc. (2006-08-18). "Cisco Shareholder Class Action Lawsuit
Resolved". Press release. Retrieved on 2007-01-25.
14. ^ "Cisco resolves class action lawsuit", Silicon Valley/San Jose Business Journal
(2006-08-18). Retrieved on 25 January 2007.
15. ^ Cisco Systems, Inc. (2003-01-23). "Cisco Files Lawsuit Against Huawei
Technologies". Press release. Retrieved on 2007-01-25.
16. ^ International Herald Tribune (2007-10-17). "Brazilian tax authorities raid, close
Cisco System's offices in Sao Paulo, Rio de Janeiro". Press release. Retrieved on
2007-10-17.
Business data
Companies portal
[show]
v•d•e
Major information techn