Wednesday, December 19, 2007

Giancarlo to Step Down from Cisco, Joins Silver Lake Partners

Cisco's Chief Development Officer, Charles Giancarlo, 50,

has decided to step down in order to join Silver Lake Partners as a Managing Director. After joining Cisco through the acquisition of Kalpana in October 1994, Giancarlo started Cisco's business development organization, where he developed Cisco's M&A strategy. He initiated and then led Cisco's Small and Medium business activities including contributing to the development of Cisco's channel strategy. Giancarlo also initiated and led a large number of Cisco's advanced and emerging technologies including Unified Communications, home networking, wireless networking, security, video, and TelePresence among many others.

Silver Lake is a leading investment firm focused on large scale investments in technology, technology-enabled, and related growth industries. Its portfolio includes or has included Avago, Avaya, Flextronics, Gartner, IPC Systems, NASDAQ, NetScout, NXP, Sabre Holdings, Serena Software, SunGard Data Systems and Thomson.

"Charlie has been a close colleague and a good friend during the 14 years he has been at Cisco, and he has made many significant contributions to the company during that time," said John Chambers.


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