Wall Street learned this week that Advanced Micro Devices Inc. (AMD) is buying Pensando Systems Inc. for about $1.9 billion. The startup based in Milpitas, California is led by a team of engineers and executives who sold several of their previous ventures to Cisco Systems Inc. The latest company from Pensando CEO Prem Jain and … Continue reading “AMD is Buying Startup Led by Cisco Vets for $1.9 Billion”
Tag: Cisco
Cisco Tumbles on Disappointing Revenue and Forecast
American multinational technology conglomerate corporation Cisco reported its first quarter financial results that did little…
November 18, 2021
Cisco Shares Fall After Hours Despite Returning to Growth
Shares of Cisco returned to growth in the last quarter but a disappointing guidance on…
May 20, 2021
Company News
Cisco to Pay $1.9 Billion in U.S. Patent Lawsuit
U.S. District Judge Henry Morgan in Norfolk, Virginia concluded this week that Cisco has infringed…
October 8, 2020
Hot Stocks
Cisco Profit Heads Higher Despite Coronavirus Pandemic
Cisco Systems Inc. reported its third quarter financial results on Wednesday and shares went soaring…
May 14, 2020
Hot Stocks
Cisco Shares Drag Lower after Revealing Earnings Report
Shares of Cisco were falling 4% in after-hours trading on Wednesday as the company reported…
February 13, 2020
Hot Stocks
Cisco is Fighting Homelessness in this City by Giving $50 Million
Santa Clara County has been experiencing a epic homelessness problem for years and it has…
March 26, 2018
Hot Stocks
Intel Has Been Named “Top Pick” At This Firm
An analyst at Citi Research is feeling very Bullish about Intel Corporation. Analyst Christopher Danely…
February 27, 2018
Hot Stocks
Apple and Cisco Have Partnered Up For This Reason
In an effort to help companies stop losing money from cyber attacks, Apple and Cisco…
February 5, 2018
Hot Stocks
Cisco May Finally Be Able to Do this in Q2 2018
Cisco shares were flying higher in after-hours trading on Wednesday after the company revealed it…
November 16, 2017
U.S Layoffs Reached This Level Last Month
Global outplacement consultancy Challenger, Gray, & Christmas have reported that the number of announced layoffs…
September 1, 2016
Hot Stocks
Cisco (CSCO) And One Of The Biggest Job Cuts Ever
Cisco Systems Inc. had some bad news this week for some of its employees. The…
August 17, 2016
Cisco To Spend Nearly $300M For This Company
Cisco announced on Tuesday morning that the company would be acquiring CloudLock for $293 million…
June 28, 2016