Cisco Systems (CSCO): Shift To Software Continues - JMP
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Go back to Cisco Systems (CSCO): Shift To Software Continues - JMP
August 21, 2017 8:01 AM EDT
Cisco (NASDAQ: CSCO) announced today its intent to acquire Springpath, Inc., a Sunnyvale-based leader in hyperconvergence software. Springpath has developed a distributed file system purpose-built for hyperconvergence that enables server-based storage systems. The acquisition will allow Cisco to continue to deliver next-generation data center innovation to its customers.
The acquisition... More
August 17, 2017 8:23 AM EDT
William Blair reiterated an Outperform rating on Cisco Systems (NASDAQ: CSCO) following the company's 4Q earnings report. Cisco delivered a steady fiscal fourth quarter against relatively muted expectations, beating estimates slightly on revenue and meeting consensus on non-GAAP EPS.
The company guided fiscal... More
