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Cisco Systems, Inc. (CSCO) delivers essential networking infrastructure and cybersecurity solutions powering global digital transformation. This dedicated news hub provides investors and technology leaders with verified updates directly from Cisco and trusted financial sources.
Access real-time announcements including earnings reports, product innovations, and strategic partnerships. Stay informed about developments in enterprise networking, cloud security advancements, and AI-driven collaboration tools that define Cisco's market leadership.
Our curated collection features press releases, executive statements, and industry analysis covering critical areas: next-generation firewalls, Webex platform enhancements, sustainability initiatives, and supply chain innovations. Bookmark this page for reliable updates on Cisco's role in securing hybrid work environments and enabling 5G infrastructure worldwide.
Red Cell Partners has appointed Wesley G. Bush as Director and Advisor, enhancing its leadership team. Bush, who previously served as Chairman and CEO of Northrop Grumman, brings extensive experience in finance, public policy, and cybersecurity. His role is expected to strengthen Red Cell's connection to the defense and healthcare sectors, aimed at developing innovative solutions to pressing national issues. Red Cell focuses on rapidly scalable technology-led companies to address significant challenges, leveraging Bush's expertise to advance their mission.
Vodafone Turkey has announced a partnership with Cisco and Qwilt to enhance its live streaming and media services for approximately 25 million subscribers across Turkey. This collaboration aims to improve content delivery and streaming quality by utilizing Qwilt’s Open Edge Cloud solution, allowing for better service scalability and cost efficiency. The partnership is compliant with the Streaming Video Technology Alliance's Open Caching guidelines, positioning Vodafone Turkey to meet growing demand for digital media while enhancing user experience.
Microsoft and Cisco announced a partnership to enable the running of Microsoft Teams natively on Cisco’s Room and Desk devices, enhancing customer choice in hybrid work environments. This integration, set for early 2023, will allow customers to set Teams as the default experience while maintaining support for Webex meetings. Initial offerings include six Cisco devices certified for Microsoft Teams, along with high-quality video technology from Cisco. This collaboration aims to improve the digital workplace by providing reliable, intelligent meeting solutions.
Accedian and Cisco announced their partnership with Zain Kuwait to enhance network automation, visibility, and service assurance for B2B customers. This initiative integrates Accedian Skylight into Cisco's Crosswork Network Automation platform, enabling Zain Kuwait to monitor its network performance at a granular level. Key benefits include unparalleled network visibility, service assurance as a service, and improved automation of network tasks. The collaboration aims to strengthen Zain's market leadership by enhancing customer experience and addressing quality of service proactively.
BorgWarner appointed Sailaja Shankar to its Board of Directors on September 22, 2022. Shankar brings extensive experience in strategic change and digital security from her roles at Cisco and McAfee. As the Senior Vice President at Cisco, she oversees the global security business, emphasizing innovative strategy and architecture. Her leadership aims to align with BorgWarner's evolving product line and its vision of 'Charging Forward.' This addition to the board is expected to strengthen the company's position in eMobility while leveraging Shankar's expertise in software applications and cybersecurity.
ConvergeOne has reaffirmed its status as a Cisco Gold Partner, enhancing its commitment to customer satisfaction. This recognition is backed by their expertise in cloud modernization and their impressive 2021 Net Promoter Score of 80, nearly double the industry average. The company has also achieved Cisco Powered Service designations in SD-WAN and Unified Contact Center, indicating strong customer support capabilities. ConvergeOne has received multiple awards from Cisco, including the Global Award for Customer Experience Partner in 2021, underscoring its customer-centric approach and innovative solutions.
Cisco has appointed Sarah Rae Murphy to its board of directors effective August 24, 2022, increasing the board's size to 12 members. Murphy brings extensive experience in finance, operations, and transformation from her 16 years at United Airlines, where she held various leadership roles, including Chief Procurement Officer.
CEO Chuck Robbins expressed excitement about her appointment, believing her past experience will enhance Cisco's strategy in improving customer experience and leveraging technology for business growth.
On August 24, 2022, GLO Pharma announced the appointment of Brent Saunders to its Board of Directors, expanding the board to six members. Saunders, currently Executive Chairman of The Beauty Health Company, brings extensive leadership experience in biopharma and medical aesthetics, having previously held CEO roles at Allergan and Forest Laboratories. His expertise is expected to bolster GLO Pharma's strategy as it enhances its consumer brand, Ourself, which launched in February 2022 with $40M in funding. Chairman Scott Glenn emphasized Saunders' pivotal role in company innovation.
Cisco has declared a quarterly cash dividend of $0.38 per common share, set to be paid on October 26, 2022. Shareholders of record as of October 5, 2022 will receive this dividend. This follows a previous dividend of $0.38 paid on July 27, 2022. Future dividends will require Board approval.
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