Chuck Robbins

Cisco has unveiled further details behind its technology strategy for building a new internet — one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure.

Cisco (NASDAQ: CSCO) (#NeverBetter) has announced 5,500 job losses worldwide, representing 7% of its entire workforce, despite its CEO, Chuck Robbins reporting a “great year”. Fourth quarter revenues rose 2% to US$12.6 billion. Jeremy Cowan reports.

San Jose, CA, USA. February 3, 2016 – Cisco (NASDAQ:CSCO) today announced its intention to acquire Jasper Technologies, Inc., a privately-held company based in Santa Clara. Jasper delivers a cloud-based IoT service platform to help enterprises and service providers launch, manage and monetise Internet of Things services globally.

In a world driven by mobility, cloud, and digitisation, the networks of the future will require new design principles to ensure they are agile, autonomous, and highly secure. Ericsson and Cisco will meet this challenge together by offering end-to-end leadership across network architectures including 5G, cloud, IP, and the Internet of Things – from devices