Showing posts with label Cisco. Show all posts
Showing posts with label Cisco. Show all posts

Thursday, January 14, 2021

Cisco and Acacia reach new merger deal - $4.5B vs $2.6B

Cisco and Acacia Communications reached a new deal under which Cisco will pay $115 per share in cash, or for approximately $4.5 billion on a fully diluted basis, to acquire Acacia.

The companies believe the acquisition can be completed by the end of this quarter.

"I am delighted that Cisco and Acacia have decided to come together in this mutual deal," said Chuck Robbins, chairman and CEO, Cisco. "We look forward to welcoming Raj and the Acacia team to Cisco to offer our customers world-class coherent optical solutions to power the Internet for the future.""Both Cisco and Acacia have been focused on helping customers create a simpler operations environment, with a shared vision for the future of routing and switching with pluggable optics," said Bill Gartner, senior vice president and general manager, Cisco Optical Systems and Optics Group. "Together we will ignite our strategy to transform the optical world as we know it, with innovative solutions to boost network capacity inside and outside the data center."

"We maintain our strong conviction in the strategic benefits of joining the Cisco family and believe it will enable us to better support our existing customers, while reaching an expanded footprint of new customers globally," said Raj Shanmugaraj, president and CEO of Acacia. "We are pleased to have reached this agreement with Cisco and are excited to move forward with the combination which we believe will transform the optical industry, while providing great opportunities for Acacia employees to continue their innovation." 

http://ir.acacia-inc.com/news-releases/news-release-details/cisco-and-acacia-communications-announce-amended-merger

Cisco to acquire Acacia for Coherent Optics

Cisco agreed to acquire Acacia Communications for $70.00 per share in cash, or for approximately $2.6 billion on a fully diluted basis, net of cash and marketable securities. The deal is expected to close during the second half of Cisco's FY2020. Acacia employees will join Cisco's Optical Systems and Optics business within the networking and security business under David Goeckeler.

Acacia, which is headquartered in Maynard, Massachusetts and is publicly traded ((NASDAQ: ACIA), develops, manufactures and sells high-speed coherent optical interconnect products, including digital signal processing / photonic integrated circuit modules, and transceivers.



http://ir.acacia-inc.com/static-files/3364e03b-6e70-4933-8c93-84b6fe4c74df

Cisco to acquire Luxtera for silicon photonics -- $660M

Cisco agreed to acquire privately-held Luxtera, a developer of silicon photonic technologies, for $660 million in cash and assumed equity awards.

Luxtera, which is based in Carlsbad, California, focuses on silicon photonics process and packaging technologies for building integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers.

Luxtera leverages a hybrid integration approach wherein the photonics die forms the base of the transceiver chipset, while the light source and electronics die are attached on top. The company says its ability to integrate all optical components into a single silicon chip enables it to manufacture at wafer scale.

Cisco said the integration of Luxtera will broaden its portfolio of 100GbE and 400GbE optics. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets.

Sunday, January 10, 2021

Network predictions 2021: Cisco's Scott Harrell

 by Scott Harrell, SVP and GM, Intent-Based Networking Group at Cisco

Connected Workplaces for the Return to Work

In 2021, workers will increasingly return to the workplace, but it will be very different for everyone, depending on city, region or country policies, among other factors. For those workers who will return to the office full time, new networking standards, procedures, and space reconfiguration will need to be in place to create a safe work environment. 

Reconfiguring the workplace will be essential to adapt to new health safeguards and new working styles. Monitoring space usage and density can help limit the number of people inside the office and adhere to good safety practices while maximizing in-person productivity and regaining office camaraderie. 

In 2021 and beyond, the office will need to be utilized for moments that matter. It’s likely that video conferencing will replace in-person, group conference room meetings. To ensure higher efficiency, video to every device and desktop, remote or in person, will require rethinking Wi-Fi coverage and capacity. 

Next Gen Wireless Will Enable Business Processes to be Reinvented 

5G and Wi-Fi 6 are being deployed across the globe. History has shown every new generation of wireless drives new use cases and rapid innovation. The combination of 5G and Wi-Fi 6 will provide fast, low-latency connections anywhere, with no need for manual network selection or authentication. This foundation becomes an accelerant for the deployment of other next generation technologies and will quicken disruptions across industries. 

In 2020, IT teams proved they can move amazingly fast as they restructured their infrastructure to facilitate moving workers to a home office. In 2021, they will look to apply the same speed to deploy next generation wirelessly ubiquitously across their offices. Video communications will be a primary driver of Wi-Fi 6 deployments as organizations look to enable video to every desktop to mimic the rich video-powered meeting style employees have gotten used to from home. Additionally, the increased speed, capacity, security, and availability enabled by 5G and Wi-Fi 6 will create a richer platform for innovation, and we’ll see entirely new business models start to develop by leveraging these capabilities.

Smart Buildings to Improve Energy Efficiency and Safety 

In the coming years, the U.S. – along with other world governments – will demand and promote smarter, safer, and more energy-efficient buildings for both new construction and existing structures. Next year, we expect companies to add more sensors and IoT devices to current networks to not only improve energy efficiency and safety within buildings, but to provide more connectivity. 

With the addition of new devices and sensors comes increased Wi-Fi congestion and interference within the smart building systems. The availability of more spectrum with Wi-Fi 6e will help IT adapt to the increases in device density and streaming applications, with private 5G filling in the spaces where Wi-Fi is impractical. 

Unmanaged Devices Will Increasingly Be Used for Cyberattacks

In 2020, as many as 20.4 billion IoT devices came online. As IoT devices continue to grow, we can expect that they will increasingly be used for cyberattacks. In 2019 alone, the number of cyberattacks on IoT devices surged by more than 300%.

Industrial IoT and OT systems need additional protection to keep critical infrastructure running even while under attack. To prevent attacks from spreading, industries will use end-point analytics to identify IoT and other endpoints and add them to security groups using intelligent segmentation to automatically quarantine devices when unusual behavior is detected.

Automated and Secure Interconnections

While new applications will be primarily built as cloud-native, the business case often does not justify re-platforming existing applications. Therefore, a hybrid environment will exist for the foreseeable future. Network and data center automation will be key in 2021 as businesses need to provision infrastructure and run a continuous development pipeline to orchestrate multiple public cloud and hybrid environments. Infrastructure teams want to retain control over the IT environment and choose which APIs they expose to development teams. The goal in 2021 will be to build an automated and secure interconnect between on-premises and cloud data centers for ease of provisioning and monitoring at scale in a hybrid environment.

Accelerating Day2 Operations

As more IoT devices, cloud services, hybrid workstyles, and personal devices become the norm in the workplace, IT must be able to manage the increasing complexity even as expectations for uptime and availability grow in parallel. Therefore, in 2021 we can expect the need for advanced network analytics will continue to accelerate but also begin to be utilized by more and more teams within IT. AIOps teams will drive the rapid rise in the utilization of these tools within and across NetOps, SecOps, and DevOps teams. These tools will enable the effective upskilling of first and second-line support, empower end users with increased visibility and self-remediation capabilities, and provide disparate teams with shared perspectives and common sources of truth. 

Common sources of truth can be exceptionally powerful. To enable this, sharing data and linking automation workflows across systems will become increasingly common. This will enable rapid resolution of issues across teams. The ability to link the automation layer with the analytics layer will enable IT to begin to move increasingly in machine time versus human time. 

Security has been and will continue to be a key driver for the transition to machine time. Detected threats need to be acted on rapidly and pervasively across the infrastructure. Since attackers are already leveraging large scale automation to attack businesses, IT must increasingly do the same in their response, bridging detection via SecOps with automation via NetOps to counteract the range of constantly evolving threats. For example, linking identity services and management resources with security detection tools creates dynamic access control and segmentation policies that limit fast-spreading malware as the systems detect and respond in real time — all without human intervention. 

These changes will of course benefit the line of business, the workforce, and customers. But they will also provide welcome help to the overstretched and under-appreciated professionals staffing help desks and maintaining critical infrastructure across the world.

Acacia calls off merger with Cisco


Acacia Communications terminated its merger agreement with Cisco Systems, Inc., effective immediately. 

The company said it was not able to obtain approval from the Chinese government’s State Administration for Market Regulation within the timeframe contemplated by the merger agreement.

Acacia also advised that Cisco may dispute Acacia’s right to have terminated the merger agreement. 

http://ir.acacia-inc.com/news-releases/news-release-details/acacia-communications-terminates-merger-agreement

Cisco to acquire Acacia for Coherent Optics

Cisco agreed to acquire Acacia Communications for $70.00 per share in cash, or for approximately $2.6 billion on a fully diluted basis, net of cash and marketable securities. The deal is expected to close during the second half of Cisco's FY2020. Acacia employees will join Cisco's Optical Systems and Optics business within the networking and security business under David Goeckeler.

Acacia, which is headquartered in Maynard, Massachusetts and is publicly traded ((NASDAQ: ACIA), develops, manufactures and sells high-speed coherent optical interconnect products, including digital signal processing / photonic integrated circuit modules, and transceivers.



http://ir.acacia-inc.com/static-files/3364e03b-6e70-4933-8c93-84b6fe4c74df

Thursday, January 7, 2021

Cisco adds John D. Harris II to its Board - former Raytheon exec


 Cisco announced the appointment of John D. Harris II to its board of directors.

“We are very pleased to welcome John to the Cisco Board,” said Chuck Robbins, chairman and CEO, Cisco. “John is known for his strong leadership and results-oriented approach. His depth of experience operating a global business at scale, and commitment to excellence will positively impact Cisco’s strategy and enhance our trusted relationships with customers as they increase their digital agility.”

Harris previously served as vice president of Business Development for Raytheon Company and chief executive officer of Raytheon International. 


Monday, December 7, 2020

Cisco to acquire IMImobile for Customer Interaction Management

Cisco agreed to acquire IMImobile PLC (AIM: IMO) in a deal valued at approximately US$730 million.

IMImobile, which is based in London, provides software and services which allow enterprises and organizations to stay constantly connected to their customers through enhanced interactive channels including social, messaging and voice. The company's Customer Interaction Management suite orchestrates smarter interactions with customers.

Cisco plans to integrate IMImobile software and services with its Webex Contact Center solution, creating a solution that is:

  • Intelligent: Using AI along the entire customer journey to create super agents and augmented frontline employees.
  • Contextual: Providing the customer data needed to personalize interactions.
  • Collaborative: Empowering employee collaboration in order to deliver 10x better customer experiences.
  • Omnichannel: Connecting with customers in their channel of choice—text, social or voice—throughout the customer journey
  • Programmable: Giving the business the ability to orchestrate workflows and personalize customer journeys

“A great customer relationship is built on consistently enjoyable interactions where every touchpoint on every channel is an opportunity for businesses to deliver rich, engaging and intuitive experiences,” said Jeetu Patel, senior vice president and general manager of Cisco’s Security and Applications business. “We look forward to working with IMImobile to help create a comprehensive CXaaS solution for the market—one that gives businesses a platform to provide delightful experiences across the entire customer lifecycle journey.”

Cisco to acquire Slido for audience interaction in Webex

Cisco announced plans to acquire Slido s.r.o., a start-up offering an online audience interaction platform. Slido enables higher levels of user engagement―before, during and after meetings and events. This includes real-time feedback tools, dynamic polls, Q&A, quizzes, word clouds, surveys, etc. Slido has over 7 million participants monthly. Financial terms were not disclosed.

The Slido technology will be part of the Cisco Webex platform and enhance Cisco’s ability to offer new levels of inclusive audience engagement across both in-person and virtual experiences.

“We believe that the way we work has changed forever. In the years to come, much of our work will happen on video calls and virtual meetings. We realized that if we want to impact millions of lives for the better and truly transform how meetings and events are run around the World, we will need a strong partner. Therefore, we are excited to join Cisco once the acquisition is complete. We can’t wait to start working together to help them transform the virtual meetings experience,” commented Peter Komornik, Slido CEO.

  • Webex recorded nearly 600 million participants in October 2020, almost double the number from March 2020.


Thursday, November 12, 2020

Cisco reports dip in hardware sales as security and services trend up

Cisco reported revenue of $11.9 billion for its first fiscal quarter ended October 24, 2020, down 9% compared to a year earlier. GAAP net income was $2.2 billion or $0.51 per share, and non-GAAP net income of $3.2 billion or $0.76 per share. The results were ahead of market expectations.

"Our Q1 results reflect good execution with strong margins in a challenging environment," said Kelly Kramer, CFO of Cisco.  "We continued to transform our business through more software offerings and subscriptions, driving 10% year over year growth in remaining performance obligations. We delivered strong growth in operating cash flow and returned $2.3 billion to shareholders."

Highlights:

  • Product revenue was down 13% and service revenue up 2%. 
  • Revenue by geographic segment was: Americas down 10%, EMEA down 10%, and APJC down 7%. 
  • Product revenue was led by growth in Security, up 6%.  
  • Infrastructure Platforms was down 16% and Applications was down 8%.
  • On a GAAP basis, total gross margin, product gross margin, and service gross margin were 63.6%, 62.7%, and 65.8%, respectively, as compared with 64.3% for each in the first quarter of fiscal 2020.

https://newsroom.cisco.com/press-release-content?type=webcontent&articleId=2109819

Sunday, October 25, 2020

AT&T and Cisco team on IoT

AT&T and Cisco are expanding their collaboration to manage Internet of Things (IoT) devices for enterprises. Specifically, AT&T and Cisco are working together to bring new IoT solutions in Low Power Wide Area Networking and 5G. 

AT&T Control Center powered by Cisco gives businesses near real-time visibility of all the devices on their network and enhances their ability to gather and use device data to drive business outcomes. Together, the companies manage millions of connected devices spanning manufacturing, utilities, transportation, public sector, retail and  healthcare industries as well as public safety on FirstNet, built with AT&T. 



For more than a decade, the companies have worked together to manage services for U.S. enterprises and support through the AT&T Global SIM for international roaming that provides IoT connectivity in more than 200 countries and territories. 

“We look forward to continuing our collaboration with Cisco with a new multi-year agreement,” said Robert Boyanovksy, vice president, Internet of Things and Mobility, AT&T Business. “Together we can help businesses deploy IoT devices and applications faster and more securely and get more value out of devices they use.”

“Through our work with AT&T, we are helping enterprise customers accelerate their digitization initiatives and drive business outcomes with simplicity, scale and faster time to market," said Dave Wilson, Managing Director, Global IoT Sales, Cisco. 

Wednesday, October 21, 2020

Cisco boosts high-performance SD-WAN with Catalyst 8000 Series

 Cisco introduced its  Catalyst 8000 Series Edge Platform, a new high-performance routing platform to help customers accelerate cloud adoption and deliver secure and automated connectivity to applications across cloud, data center, and edge.

Cisco says its new platform allows customers to adopt cloud solutions at their own pace. It adopts a Secure Access Service Edge (SASE) architecture. Three versions are available.

  • The Catalyst 8500 Series Edge Platform is aimed at data center, colocation, and aggregation sites, and features the industry’s highest performing SD-WAN offering with integrated 40G and 100G Ethernet ports in a compact single rack unit form factor. It is powered by Cisco’s third-generation Quantum Flow Processor.
  • The Catalyst 8300 Series Edge Platform is made to handle edge connectivity at branch sites, offering modular access with a diverse set of connectivity choices for customers to deliver services on-demand to quickly adapt to changing business requirements. It also provides customers with up to four times better SD-WAN service performance than the current Cisco Integrated Services Routers (ISRs). 
  • The Catalyst 8000V Edge Software delivers all the same capabilities in software. It can be deployed in the cloud or virtualized on a platform such as Cisco’s 5000 Series Enterprise Network Compute System (ENCS). 
  • The Cisco Catalyst Cellular Gateway helps customers deploy wireless WAN without changes to existing infrastructure.  It elevates cellular to a primary SD-WAN link option with gigabit connectivity to any cloud or location.  The initial release supports Advanced 4G LTE CAT 18 speeds, with 5G versions coming soon.   

“With the proliferation of applications, workloads and services becoming more distributed across the edge-cloud continuum, organizations are facing new realities at the WAN edge,” said JL Valente, Vice President, Product Management for Cisco’s Intent-Based Networking Group. “In building secure multicloud access architectures, IT organizations need the agility to change course and scale quickly along with the needs of business.  The Cisco Catalyst 8000 Edge Platform bridges the WAN edge and the cloud edge, providing secure, high-performance connectivity for distributed users to any cloud while delivering IT visibility and business agility.”


 


Monday, October 12, 2020

Verizon Business and Cisco bring 5G Edge to stadiums


Verizon Business and Cisco are collaborating to offer solutions combining Verizon’s 5G network and 5G Edge for stadiums, arenas and event spaces.

The solutions will be powered by Verizon 5G Ultra Wideband with mobile edge computing (MEC) interfaces with the Cisco Sports and Entertainment portfolio. The joint solution integrates with a variety of Cisco innovations including: Cisco DNA Spaces for secure location analytics, Cisco switching and data center technology, connected venue analytics and more. The 5G and MEC environments will help deliver near real-time enablement and experiences.

Together, Verizon and Cisco said they can to bring these capabilities to stadiums:

  • Leverage analytics to estimate wait times associated with lines at check in, restrooms and concession stands; interfaces with digital signage and mobile applications to direct patrons to alternative locations with shorter lines
  • Identify crowd density and manage crowd flows with the use of digital signage and messages to venue staff to help maintain social distancing standards

“While all sports and entertainment fans are looking forward to the day they can get back to their favorite venues, many are understandably nervous about their safety in large crowds. This solution will help put minds at ease so fans can re-enter venues with the knowledge that strong steps are being taken to safeguard their wellbeing," said Aamir Hussain, SVP Chief Product Officer for Verizon Business. “This is one of the many 5G-enabled experiences powered by Verizon 5G Ultra Wideband that is changing the in-person fan experience in dozens of stadiums.”

“Our combined expertise and technology innovation is furthering the evolution of 5G, creating a dynamic offering for the industry that will redefine stadium sports and entertainment for the future,” said Jonathan Davidson, Senior Vice President and General Manager, Mass-Scale Infrastructure Group, Cisco. “With the power of 5G and MEC solutions, we can bring cloud-powered services closer to the edge for more flexible development of applications, helping venues to deliver new experiences better, faster and with more clarity and precision.”


Thursday, October 8, 2020

Internet2 to deploy Cisco's latest 8200 series routers

Internet2 will deploy Cisco's latest 8200 series routing platform powered by Cisco Silicon One ASICs, running IOS XR7 and Network Services Orchestration (NSO) software as part of the packet infrastructure upgrade to its national backbone. The deployment is part of a strategic alliance announced by Internet2 with Cisco to deliver next-generation capabilities and software solutions across the U.S. research and education (R&E) infrastructure.

The new agreement between the two organizations focuses on delivering a national R&E network with increased capacity incrementing at 400 Gbps, on-demand cloud-connectivity, and a reduced carbon footprint that will remove 6681 metric tons a year of carbon from the environment. The agreement also includes collaborative opportunities for Internet2 and Cisco to support research activities and multi-domain service orchestration with campus and regional partners.

Highlights

  • Cisco 8201 and 8202 routers will be deployed in 48 locations across the country utilizing between 1 and 4 devices per location. A typical node which connects national backbone resources with regional networks has between 24 and 96 400G network access ports.
  • Cisco NSO will become the basis for an extensible network-wide automation platform that will immediately deliver Internet2 services and can eventually support campus to regional to national to cloud service orchestration.
  • The system will be interconnected using native 400G wavelengths on Internet2's optical network to deliver Nx400G capacity between cities.
  • A move to segment routing with multiprotocol label switching (SR-MPLS) and Ethernet virtual private network (EVPN) will allow researcher applications to eventually claim up to an entire 400G link for a particular application while other network uses are dynamically moved to other paths.
  • As part of the agreement, Cisco is also offering incentive programs for regional networks and campuses to adopt similar technologies for their own network upgrades.
  • While delivering 4 to 12 times more capacity across the national footprint, the new Cisco solution is expected to require 668 metric tons less power and cooling.

"Research and education networks have never been more critical than they are today, and the selection of Cisco is a very exciting and critical milestone for the R&E community," said Howard Pfeffer, President and CEO, Internet2. "Cisco is supporting the delivery of a software-driven infrastructure that enables rapid deployment of new services and tight integration with applications and scientific workflows on the campus and in the cloud, both of which are essential to our nation's future. Cisco has also made substantial commitments not only to Internet2, but to the broader R&E community, by pledging ecosystem-wide support that helps us bridge campus, regional, national, and international needs." 

"Now more than ever, we believe that technology can be used for good to build a more inclusive future for us all," said Cisco Senior Vice President of U.S. Public Sector Nick Michaelides. "Innovation is in Cisco's DNA and we are proud to stand with and support leading researchers by providing a technological backbone that will help them connect, share data, collaborate and accelerate all their great work. Internet2 members are some of the brightest minds in the world, working to solve the biggest problems on the planet and we're honored to help them connect and work together to help build that more inclusive world we envision."


Internet2 to move onto CenturyLink’s new low-loss optical fiber

by Benedict Chua, Assistant Editor Internet2 will migrate the majority of its footprint onto CenturyLink's new low-loss optical fiber. CenturyLink recently pulled new, low-loss optical fiber over a large portion of its national network. The installation uses an ITU-T G.652.D compliant single-mode optical fiber that is optimized for high bit rate coherent systems using advanced modulation schemes supporting 100G and above. CenturyLink also realigned...

Internet2 to deploy open line system (OLS) from Ciena

by Benedict Chua, Assistant Editor Internet2 will deploy a flexible grid open line system (OLS) from Ciena to transform its network to a more scalable, programmable and adaptive architecture. The upgraded network, which connects several hundred universities, government agencies, and community anchor institutions across the U.S., strengthens Internet2 and the wider R&E community’s ability to conduct scientific research, enhance collaboration,...


Thursday, October 1, 2020

Cisco to acquire Portshift for Kubernetes-native security platform

 Cisco agreed to acquire Portshift, a start-up based in Tel Aviv, Israel, offering a Kubernetes-native security platform. Financial terms were not disclosed.

Portshift is focused on application security solutions. Its platform adopts an agentless approach using a Kubernetes admission controller for seamless integration and native enforcement. This serves as Kubernetes-native guardrails for deployed containers.

In a blog post, Cisco's Liz Centoni writes that "Portshift aligns to Cisco’s approach of providing secure connectivity between users, devices and apps, wherever they reside; visibility and actionable insights from the end user to the application; a simplified consumption model that includes cloud-first Secure Access Service Edge (SASE) capabilities; commitment to an open source and open standards philosophy; and breaking down the siloes between developers, security teams, infrastructure teams, operations and SRE teams."

https://www.portshift.io/

Monday, September 21, 2020

AT&T delivers SD-WAN with Cisco

AT&T is delivering a global SD-WAN for UDG Healthcare plc and its operating companies around the world using Cisco Viptela SD-WAN architecture.

The managed solution will allow UDG Healthcare’s teams to react more quickly to business demands in their supply chain and provide a better end user experience wherever they are working.

UDG Healthcare delivers advisory, communication, commercial, clinical and packaging services to the healthcare industry across two main divisions, Ashfield and Sharp. The group has 8,200 employees.

“UDG Healthcare saw an opportunity to deliver a more seamless experience across its network, covering its employee end users and the customers it serves around the world,” said John Vladimir Slamecka, EMEA region president, AT&T.


Tuesday, August 25, 2020

Cisco to acquire BabbleLabs - AI-powered voice enhancement

Cisco agreed to acquire BabbleLabs, a start-up headquartered in Campbell, California that uses AI techniques to distinguish human speech from unwanted noise. Financial terms were not disclosed.

The BabbleLabs technology can be used to enhance the quality of communications and conferencing applications. BabbleLabs goes beyond existing noise suppression technology solutions by:

  • Distinguishing speech from background noise;
  • Removing background noise in real-time; and
  • Enhancing the voice to elevate communication, regardless of language.
BabbleLabs team will join the Cisco Collaboration Group, led by Javed Khan, senior vice president and general manager, which is part of the Cisco Security and Applications Business, led by Jeetu Patel.

Initially, Cisco will focus on integrating BabbleLabs to deliver a best-in-class audio experience to Webex Meetings users.  - wherever they are and however they connect via the Webex application (whether via a conference room or mobile device).

“A great meeting experience starts with great audio,” said Jeetu Patel, senior vice president and general manager, Cisco Security and Applications Business Unit. “We’re thrilled to welcome BabbleLabs’ team of highly skilled engineers. Their technology is going to provide our customers with yet another important innovation – automatically removing unwanted noise - to continue enabling exceptional Webex meeting experiences.”

Wednesday, August 12, 2020

Cisco's revenue drops 9% to $12.2 billion

Cisco reported revenue of $12.2 billion, GAAP net income of $2.6 billion or $0.62 per share, and non-GAAP net income of $3.4 billion or $0.80 per share, for its fourth fiscal quarter ended July 25, 2020.

The figure represents a 9% drop in revenue compared to a year earlier, the third straight quarterly drop. Earnings per share rose 22%. Product revenue was down 13% and service revenue was flat. Revenue by geographic segment was: Americas down 12%, EMEA down 6%, and APJC down 7%. Product revenue was led by growth in Security, up 10%. Infrastructure Platforms was down 16% and Applications was down 9%.

For FY2020 Cisco's otal revenue was $49.3 billion, a decrease of 5%.

"By the end of fiscal 2020, we achieved our goal of more than half of our revenue coming from software and services, and this strategy continues to resonate with customers as they digitize their organizations. Throughout fiscal 2020, Cisco has demonstrated operational resilience based on our strong customer relationships, solid financial foundation, and differentiated innovation," said Chuck Robbins, chairman and CEO of Cisco. "As we focus on the future, we are rebalancing our R&D investments to focus on new areas so we can continue to offer customers the best, most relevant technology in simpler, more easily consumable ways."

Wednesday, July 29, 2020

Greece's OTEGLOBE upgrades IP backbone with Cisco 400G line cards

OTEGLOBE is upgrading its Cisco ASR 9900 routers with 400G Cisco ASR 9900 5th Generation Line Cards.

Headquartered in Athens, Greece, OTEGLOBE is a network backbone operator delivering transport, peering, and interconnect services throughout South-eastern Europe. It is also the wholesale carrier that reaches Western Europe through Greece over a fully mesh optical backbone network.

“At OTEGLOBE, we are determined to continue to lead the industry in innovation and invest in the high-caliber technologies that enable us to offer the best services to our customers,” said Panagiota Î’osdogianni, CTO, OTEGLOBE. “By introducing Cisco’s 400 GbE technology to our IP core network, we can respond seamlessly to traffic bursts during peak hours and accommodate even our largest customers’ needs with simplification, economic scale, improved flexibility, and an optimal customer experience.”

“With these latest network enhancements, we are providing OTEGLOBE with a long-term growth platform that scales ahead of the demand they’re seeing today and what they can anticipate in the years ahead,” said Jim Scott, Vice President, Cisco EMEAR Service Provider. “Together, we share a passion for connecting the unconnected, and offering the highest level of services to pave the way for the internet for the future.”

Thursday, July 9, 2020

AT&T expands SD-WAN with Cisco

AT&T introduced a new service offering based on Cisco Secure SD-WAN technology. The service includes natively integrated security capabilities to provide threat protection that is consistently maintained across branch offices and clouds, without compromising performance.

The SD-WAN offering is powered by Cisco’s ISR and ASR routers and Enterprise Network Compute System (ENCS) and managed through a single cloud-based dashboard. Integrated security features include an application-aware enterprise firewall, intrusion prevention, URL filtering and advanced malware protection.

“Successful network and digital transformation requires effective security management,” said Mo Katibeh, Executive Vice President, Chief Product & Platform Officer, AT&T Business. “AT&T SD-WAN with Cisco combines connectivity, SD-WAN and security, which allows businesses to expand and scale without worrying about the security of their branch locations."

https://www.business.att.com/content/attbusiness/en/products/sd-wan.html/

Thursday, June 25, 2020

Telenor begins Open vRAN trial with Cisco

Telenor and Cisco are expanding their partnership to include security, 5G, Open vRAN, B2B expansion, distributed cloud and furthering Telenor Group’s digital transformation to support its flexible working hours approach.

The companies have started an Open vRAN trial at Telenor headquarters in Norway to further investigate using a virtualized, open infrastructure to improve cost efficiency for service rollouts. 

Cisco and Telenor also announced a new round of financing of the joint venture, WG2. WG2 offers a carrier grade, cloud-native mobile core solution that enables rapid service innovation for mobile network operators (MNOs), mobile virtual network operators (MVNOs) and enterprises. Using open APIs and cross-network interoperability, WG2 radically transforms the ability of mobile operators to innovate quickly. The new financing will be used to accelerate WG2’s growth in Europe, North America and Asia, and to extend its innovative solutions in 5G, IoT and private networks.

“The cooperation with Cisco over the years has delivered great results for both companies, especially within the area of security and mobility,” said Sigve Brekke, President and Chief Executive Officer, Telenor. “Our partnership in WG2 builds towards a future where programmable networks are the key to creating value for 5G, IoT and private networks. Ongoing developments in our agreement with Cisco continue to be forward leaning, addressing the most innovative and in-demand transformation topics in our industry.”

Working Group Two targets wholesale, cloud-managed mobile network on AWS

Working Group Two (WG2), which is a new venture backed by Telenor Group and Digital Alpha (a financial fund supported by Cisco) announced a wholesale cloud-managed mobile network platform that will run both control and user plane on Amazon Web Services (AWS). The WG2 platform includes Cisco’s virtualized Ultra Packet Core, delivering 2G/3G/4G/5G mobile services, hosted on AWS.

WG2 said its platform allows mobile operators and enterprises to create and monetize a new breed of business and consumer mobile services that control the network through a simple cloud-based API.

“WG2 believes that AWS infrastructure and Cisco packet core can provide enhanced scalability, security, and redundancy. Working with AWS gives us agility and execution speed – capabilities we believe are becoming more important than the scale and size of the team. While still early on our journey, we have proven that the speed of development, cost and pace of innovation is radically better than if we had taken traditional technology choices,” said Erlend Prestgard, CEO, Working Group Two.

“WG2’s cloud platform including Cisco’s virtualized packet core represents a next generation architecture for mobile network operators to provide superior flexibility, scalability, and performance over traditional hardware-based networks. Today, operators across the world are transforming their infrastructure to leverage dynamic cloud scalability for both the control and user plane. This will serve as the foundation for high speed low latency networks, enabling an accelerated ability to deliver new innovative applications for end customers and cost effectively scale their network,” said, Jean-Philippe Poirault, Head of AWS Telecom, Amazon Web Services, Inc.

https://wgtwo.com/

Monday, June 22, 2020

Big trends: Peering traffic surge, upgrade cycles, Cisco Silicon One, 400G

Cisco's Jonathan Davidson talks about (1) the surge in data traffic due the global pandemic and how it might impact carrier upgrade cycles, (2) how Cisco One silicon is the company's pathway forward, and (3) the arrival of 400G in the data center.

https://youtu.be/DPCR0EJS_xg


Thursday, June 18, 2020

Verizon Business expands Virtual Network Services with Cisco

Verizon Business is expanding its Virtual Network Services (VNS) portfolio for enterprise customers with the introduction of Cisco’s 5000 Series Enterprise Network Compute System (ENCS).

The Cisco ENCS purpose-built platform will now be included within Verizon’s catalog of virtual network functions and service chains that are offered to customers.

Verizon’s VNS portfolio allows customers to replace traditional network devices, such as routers, firewalls and switches, with virtual network functions (VNFs), which can be managed and orchestrated from a central location.

“Customers need to be able to quickly and easily deploy network services to branch locations as their business needs evolve,” said Aamir Hussain, Senior Vice President of Business Products. “The addition of Cisco’s ENCS compute platform to our VNS portfolio is another way for us to help enterprise customers simply deploy enterprise networking solutions for a more responsive, scalable and flexible network.”