It was an interesting year for the world’s largest networking vendor. Cisco Systems Inc. put up record revenue and earnings despite a highly volatile macro environment affected by wars, social issues, inflation, rising interest rates and the like. The company also made the biggest acquisition in its history in September when it announced the purchase of Splunk.
Posting on LinkedIn last week, Charlie Bell, executive vice president of security at Microsoft Corp., last week announced a shakeup of its security organization in the wake of a Chinese government-backed hack that resulted in the theft of U.S. government emails.
Cisco Systems Inc. is holding the Asia-Pacific, Japan and China version of Cisco Live this week in Melbourne, Australia, where the highlight was the security news, as the company gave its cyber portfolio a shot of artificial intelligence. Historically, Cisco and security have had somewhat of an on-again, off-again relationship – like Cardi B and Offset.
Networking giant Cisco Systems Inc. reported good news/bad news numbers in its fiscal first-quarter 2024 results this week, handily beating expectations but lowering its outlook. Revenue and earnings for the quarter were $14.67 billion and $1.11 per share, respectively, compared wth Street expectations of $14.61 billion and $1.03 per share. However, Cisco’s outlook was lower than expected.
High-performance network leader Arista Networks Inc. announced today that it’s partnering with cloud security pioneer Zscaler Inc. to enhance network security for businesses by integrating its cloud networking solutions with Zscaler’s Zero Trust Exchange platform.