Cisco Systems, Inc., headquartered in San Jose, California, is one of the world’s leading technology companies specializing in networking hardware, software, and telecommunications equipment. Established in 1984 by Leonard Bosack and Sandy Lerner, Cisco has played a crucial role in shaping the development of the internet by creating the infrastructure that connects billions of devices globally. Known for its innovation in the networking space, Cisco provides cutting-edge solutions that power modern communications, data transfer, and cybersecurity.
Over the years, Cisco has expanded its portfolio beyond routers and switches to include cloud computing, cybersecurity, collaboration tools, and Internet of Things (IoT) solutions. With operations in over 100 countries, Cisco remains at the forefront of technology, driving digital transformation for businesses, governments, and individuals.
CEO and Founder of Cisco
Cisco was founded by Leonard Bosack and Sandy Lerner in 1984, both of whom were employees at Stanford University when they developed technology that enabled different computer systems to communicate via a multiprotocol router. Their innovative approach led to the creation of Cisco, a company that would eventually dominate the networking industry.
Currently, Chuck Robbins serves as the CEO of Cisco, having taken over the role in 2015. Under his leadership, Cisco has focused on software, security, and subscription-based services, reflecting the company's shift toward a more diversified and future-focused business model. Robbins has been instrumental in expanding Cisco’s footprint in cybersecurity and IoT, ensuring that Cisco continues to be a global leader in network solutions.
List of Top Companies Under Cisco
Cisco has made strategic acquisitions over the years to strengthen its position in various sectors such as cybersecurity, cloud computing, and IoT. Below is a list of some of the most prominent companies under Cisco’s umbrella, along with their valuations.
Company Name | Year Acquired/Founded | Valuation | Industry |
---|---|---|---|
AppDynamics | 2017 (Acquired) | $3.7 Billion | Application Performance Monitoring |
OpenDNS | 2015 (Acquired) | $635 Million | Cybersecurity |
Duo Security | 2018 (Acquired) | $2.35 Billion | Multi-Factor Authentication |
Jasper Technologies | 2016 (Acquired) | $1.4 Billion | Internet of Things (IoT) |
Acacia Communications | 2021 (Acquired) | $4.5 Billion | Optical Networking Solutions |
Meraki | 2012 (Acquired) | $1.2 Billion | Cloud-Based Network Management |
ThousandEyes | 2020 (Acquired) | $1 Billion | Network Intelligence |
BroadSoft | 2017 (Acquired) | $1.9 Billion | Cloud Communications |
Webex | 2007 (Acquired) | $3.2 Billion | Video Conferencing & Collaboration |
Tandberg | 2010 (Acquired) | $3.3 Billion | Video Conferencing Systems |
FAQs About Cisco Systems, Inc.
Q1: When was Cisco founded, and by whom?
A: Cisco was founded in 1984 by Leonard Bosack and Sandy Lerner, who worked at Stanford University and developed technology to connect computer networks.
Q2: Who is the current CEO of Cisco?
A: Chuck Robbins has been the CEO of Cisco since 2015. Under his leadership, the company has expanded its focus to cybersecurity, software, and IoT.
Q3: What are Cisco’s most popular products?
A: Cisco is best known for its networking hardware (routers and switches), cybersecurity solutions, collaboration tools like Webex, and cloud-based solutions such as Meraki.
Q4: What is Cisco’s market capitalization?
A: As of 2024, Cisco’s market capitalization is over $230 billion, making it one of the most valuable technology companies globally.
Q5: What are Cisco’s key acquisitions?
A: Some of Cisco’s notable acquisitions include AppDynamics ($3.7 billion), Duo Security ($2.35 billion), Jasper Technologies ($1.4 billion), and Webex ($3.2 billion).
Q6: Does Cisco focus on cybersecurity?
A: Yes, Cisco is a major player in the cybersecurity space, offering solutions that help businesses secure their networks, data, and applications.