Sunday, November 27, 2016

The Inspur-Cisco Joint Venture Gets Underway

Cisco and Inspur officially launched their joint venture company at an inauguration ceremony earlier this month attended by Shandong Governor Guo Shuqing, Inspur Chairman & CEO Sun Pishu, Cisco CEO Chuck Robbins, and Cisco Greater China’s Chairman & CEO Owen Chan.

Inspur - Cisco Networking Technology Co. Ltd., which is led by Zhang Haitao, GM, will develop and manufacture a range of products potentially including high-end products meeting the needs of customers based on the advanced and well-positioned technologies of both Cisco and Inspur. The company

The headquarters of the joint-venture company will be located in Jinan, Shandong, with Inspur having a 51 percent ownership in the joint venture and Cisco 49 percent. The amount of registered capital is US$100 million.

The companies said their collaboration will enrich Inspur’s data center portfolio and improve Inspur’s ability to build complete cloud data centers, and will become an important addition to Cisco’s operations in China.

https://newsroom.cisco.com/press-release-content?type=press-release&articleId=1805023
http://www.inspur.com

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