Tech conglomerate Cisco Systems (CSCO 0.67%) is known for its computer networking business, which helped to establish today's internet. But the company has expanded beyond its networking roots and now provides a variety of tech offerings, including cybersecurity.Cisco bolstered its cyber threat protection capabilities with the acquisition of data analytics and cybersecurity firm Splunk on March 18. This addition makes Cisco one of the largest software companies in the world, according to CEO Chuck Robbins.W ...

In the latest market close, Cisco Systems (CSCO) reached $49.88, with a +0.67% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 0.2%.The the stock of seller of routers, switches, software and services has risen by 2.21% in the past month, lagging the Computer and Technology sector's gain of 6.04% and the S&P 500's gain of 5.11%.The upcoming earnings release of Cisco Systems will be of great in ...

Key TakeawaysCisco Systems said it completed its $28 billion or $157 per share takeover of cybersecurity firm Splunk.The closing came just days after European antitrust officials gave their approval of the deal.Cisco said the addition of Splunk will help expand its reach in the growing market for artificial intelligence products. Just days after obtaining European regulatory approval, Cisco Systems (CSCO) said it closed its $28 billion acquisition of cybersecurity provider Splunk. The software maker said th ...

It's a new day for your data. Cisco, supercharged by Splunk, will revolutionize the way companies harness data to connect and protect every aspect of their organizations. News summary Cisco is now uniquely poised to power, protect, and advance the AI revolution for customers Cisco will bring the full power of the network together with market-leading security and observability solutions With Splunk, Cisco becomes one of the largest software companies globally SAN JOSE, Calif., March 18, 2024 /PRNewswire/ --  ...

A month has gone by since the last earnings report for Cisco Systems (CSCO) . Shares have added about 1.5% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cisco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Cisco Q2 Earnings Top Estimates, Revenues Down Y/YCisco ...

Key TakeawaysEuropean regulators gave their approval to networking equipment maker Cisco Systems Inc.'s $28 billion acquisition of cybersecurity company Splunk Inc.EU officials ruled Wednesday that the Cisco-Splunk transaction wouldn't raise competition concerns.Shares of Splunk soared after the $157-per-share deal was announced in September. Cisco Systems Inc. (CSCO) received European Union (EU) regulatory approval for the networking equipment maker’s $28 billion purchase of cybersecurity firm Splunk Inc. ...

SAN JOSE, Calif., March 13, 2024 /PRNewswire/ -- Cisco today announced that it will participate in the following event with the financial community. The session will be via webcast. Interested parties can register and view these events on Cisco's Investor Relations website at https://investor.cisco.com. No new financial information will be discussed on this conference call. Cisco and Raymond James to Host a Tech Talk at OFC 2024March 26, 20247:30 a.m. PT / 10:30 a.m. ET Cisco Speaker:Bill Gartner, SVP, GM o ...

News Summary: RAI Amsterdam has selected Cisco and Radware to enhance network security for its events.Cisco Secure Cloud DDoS Protection, developed by Radware, was chosen to address the robust network requirements for IT, gaming, and financial services events at RAI Amsterdam.The solution bolsters RAI's security resilience by swiftly identifying and blocking harmful traffic, ensuring uninterrupted network availability, and optimizing application performance during DDoS attacks. MAHWAH, N.J., March 13, 2024 ...

Tech stocks continue to outperform. The Nasdaq index is up nearly 10% this year compared to an 8% increase in the benchmark S&P 500 index and a 3% gain in the blue-chip Dow Jones Industrial Average. However, the rally among technology stocks continues to be uneven. While the Magnificent Seven and stocks of microchip companies are performing well, many other tech stocks are lagging the overall performance. This can be due to poor earnings and also a lack of investor awareness. Many technology stocks are not ...

rvlsoft/iStock Editorial via Getty Images While all eyes are on Cisco Systems (NASDAQ:CSCO) boosting capabilities in cybersecurity with the Splunk (SPLK) acquisition, less attention has gone to the partnership with Nvidia (NVDA) for deploying artificial intelligence, as illustrated below. With its multiple roles as a networking company, provider of monitoring, and end-point solutions to address IT risks, without forgetting that this is also an OEM (original equipment manufacturer) for servers, it stands ...