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Tight Race between Huawei, Ericsson, Cisco at the Top of Infonetics Telecom Vendor Scorecard
2013-08-22 09:39:50| Telecom - Topix.net
Market research firm Infonetics Research released excerpts from its 2013 Telecommunications Equipment Vendor Leadership Scorecard , which profiles, analyzes and ranks the 6 leading suppliers of telecom infrastructure, software and services: Alcatel-Lucent, Cisco, Ericsson, The only report of its kind, Infonetics' telecom scorecard evaluates vendors ... (more)
Fusion-io Accelerates the Value of Virtualization in Solutions from Cisco, Dell, HP and IBM at ...
2013-08-22 06:00:00| Industrial Newsroom - All News for Today
Trusted ioMemory Flash Solutions Enhance Virtualization Performance Across Enterprise Servers from All Leading Systems Providers<br /> <br /> SALT LAKE CITY - Fusion-io (NYSE: FIO) today announced that it will be showcasing how its technology accelerates the value of virtualization in integrated solutions from Cisco, Dell, HP, IBM and VMware in booth 1245 and in the Fusion-io Performance Cafe at VMworld® 2013 in San Francisco next week. Offered by all leading enterprise server systems vendors, ...This story is related to the following:SoftwareSearch for suppliers of: Storage Virtualization Software |
Cisco Systems, Inc. (CSCO), JDS Uniphase Corp (JDSU), Micron...
2013-08-17 09:32:54| Semiconductors - Topix.net
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.
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cisco systems
Cisco to slash 4,000 jobs in bid to move faster
2013-08-15 14:52:07| InfoWorld: Top News
Cisco Systems announced Wednesday it will eliminate about 4,000 jobs, saying it needs to pare down middle management to speed up decision-making and execution. The company didn't say when or in what regions the cuts would take place, but it expects to incur related costs of about $550 million. About $250 million to $300 million of those costs will be taken in the first quarter of the company's 2014 fiscal year, which began July 28.
Cisco to cut 4,000 jobs as sales growth slows
2013-08-15 08:30:00| Telecompaper Headlines
(Telecompaper) Cisco's fourth-quarter revenues increased 6.2 percent year-over-year to USD 12.4 billion. Switching revenue rose 5 percent to USD 3.80 billion, and IP routing was flat at USD 2.09 billion. Cisco said its book-to-bill ratio for the quarter was "comfortable above 1", with orders up 4 percent from a year earlier. This includes 5 percent growth in the Americas and 6 percent higher orders in EMEA, while in Asia, orders fell 3 percent. Cisco CEO John Chambers said in a conference call that the market was not improving fast enough and the company would have to reduce costs. "What we see is slow steady improvement, but not at the pace we want," he said. As a result, the group plans to cut 4,000 jobs or around 5 percent of its workforce, the Wall Street Journal reported from the call. This will result in pretax charges of up to USD 550 million. For the current quarter, Cisco forecast revenue growth to slow to 3-5 percent. Net profit for the three months to 27 July was USD 2.3 billion or USD 0.42 per share, up 18.4 percent from USD 1.9 billion or USD 0.36 per share a year earlier. Cash flow from operations increased to USD 4.0 billion from USD 3.1 billion, and the company finished the period with USD 50.6 billion in cash.
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