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 and sensors to access and core [...]
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