Len Bosack Sandy Lerner Stanford University Schlumberger: Cisco Systems, Inc. (

Cisco Systems, Inc.
(NASDAQ: CSCO, SEHK: 4333) is a multinational corporation headquartered in San Jose, California, that designs and sells consumer electronics, networking, voice, and communications technology and services. Cisco has more than 70,000 employees and annual revenue of US$ 40.0 billion as of 2010. The stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ 100 Index and the Russell 1000 Growth Stock Index
Len Bosack and Sandy Lerner, a married couple who worked as computer operations staff members at Stanford University, later joined by Richard Troiano, founded Cisco Systems in 1984. Lerner moved on to direct computer services at Schlumberger, moving full time to Cisco in 1987. The name "Cisco" was derived from the city name, San Francisco, which is why the company's engineers insisted on using the lower case "cisco" in the early days. For Cisco's first product, Bosack adapted multiple-protocol router software originally written some years before by William Yeager, another Stanford employee who later joined Sun Microsystems. The company's first CEO was Bill Graves, who held the position from 1987 to 1988.[6] In 1988, John Morgridge was appointed CEO, and succeeded in 1995 by John Chambers. While Cisco was not the first company to develop and sell a router,[7] it was one of the first to sell commercially successful routers supporting multiple network protocols.[8] As the Internet Protocol (IP) became widely adopted, the importance of multi-protocol routing declined. Today, Cisco's largest routers are primarily used to deliver IP packets. On February 16, 1990, the company went public (with a market capitalization of $224 million) and was listed on the Nasdaq stock exchange. On August 28, 1990, Lerner was fired; upon hearing the news, her husband Bosack resigned in protest. The couple walked away from Cisco with $170 million, 70% of which was committed to their own charity.[9] 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.[10][11] In July 2009, with a market cap of about US$108.03 billion,[12] it is still one of the most valuable companies.[13] On September 7, 2006, Cisco introduced a new logo that was created in collaboration with Joe Phenom Finocchiaro and Jerry The King Kuyper.[14] As part of the company's overseas strategy, it has built its Globalization Centre East in Bangalore for $1 billion and 20% of Cisco's leaders will be based there.[15] However, due to lower than expected profit, Cisco System Inc. cut annual expenses by $1 billion in July 2011. The company cut around 3,000 employees with an early-retirement program who accepted buyout and 7,000 jobs that would be eliminated by the end of August 2011. Cutting as many as 10,000 jobs means around 14 percent of the 73,400 total employees before curtailment
Hardware
A Cisco ASM/2-32EM router deployed at CERN in 1987.

Datacenter products: Nexus Switches (1000v, 2000, 4000, 5000, 7000), MDS, Unified Computing System (UCS) Flip pocket camera (Discontinued in April 2011[35]) Cisco SPA500 Series IP Phones Linksys SPA900 Series IP Phones Cisco Unified IP Phones (7945, 7965, 7942, 8900 series, 9900 series, 6900 series) Cisco Application Control Engine (ACE): Application Delivery Controller Routers, including: 837, 1000 Series, 2500 Series, 7600, 12000, 3600 Series, ASR Series and CRS-1 and CRS-3 Cisco Security Manager Security appliances: ASA 5500, PIX 500 series Unified Computing: Cisco Unified Computing System (UCS) virtual server platform: with VMWare virtualization system run servers on Cisco hardware [36] Catalyst switches: Cisco Catalyst 2900 Series, Cisco Catalyst 3000 Series, Catalyst 4500, Cisco Catalyst 6500 Series Collaboration systems such as Cisco TelePresence, Cisco Manufacturing Mobile Video Collaboration with Librestream, Cisco acquired Tandberg, the world leader in Telepresence systems[37] VOIP: Wireless IP Phone 7920 CLEO: Low Earth Orbit router Cisco Wireless LAN Cisco Cius: a new Android-based collaboration tablet Cisco Wide Area Application Services (WAAS) Set Top Boxes (High Definition PVRs)- Cable/IP
Software

Internetwork Operating System (IOS) NX-OS IOS-XR Cisco Active Network Abstraction Cisco Fabric Manager
Cisco AnyConnect Secure Mobility Client Cisco Systems VPN Client CiscoView Data Center Management and Automation - Cisco Intelligent Automation CiscoWorks Network Management software Clean Access Agent, Cisco NAC Appliance Cisco Eos Packet Tracer, didactic network simulator Cisco Network Magic Pro Cisco Unified Communications Manager Cisco IP Communicator Cisco Quad Cisco Security Manager WebEx Collaboration Tools

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Cisco Systems, Inc.

A Cisco ASM/2-32EM router deployed at CERN in 1987.

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