When completed it will give Vodafone an OpenStack environment in which all the software to operate its mobile network, the software for IP network …
Cisco pointed to the latter finding as justification for its latest offering for companies with private cloud computing environments that connect to public …
Cisco has rolled out a Windows-based network management package that gathers Industrial Ethernet network events and alerts IT to the event for quick impact analysis and troubleshooting, the company said.
+More on Network World: Ethernet: Are there worlds left to conquer?+
The product, Industrial Network Director, builds an integrated topology of all network automation and assets and lets operators zoom in on specific devices for real-time monitoring of device status and traffic statistics, Cisco said. The system can integrate into other existing industrial asset management systems which lets customers and system integrators build dashboards customized to meet specific monitoring and accounting requirements.
Security vendor Imperva is shopping itself around and may be attractive to the likes of Cisco and IBM, according to Bloomberg.
The Motley Fool reports that Imperva’s stock rose 20% today after Bloomberg’s report, which the Fool notes could actually drive buyers away because it would mean a more costly deal.
Bloomberg named a number of other possible buyers including Forecpoint (owned by Raytheon and Vista Equity Partners), Akamai and Fortinet.
(Reuters) – Network equipment maker Cisco Systems reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere.
Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, rose nearly 4 percent in extended trading on Wednesday.
The company is the market leader in selling network equipment to businesses, controlling about half of the $ 38 billion global market and overshadowing rivals Hewlett-Packard and China’s Huawei Technologies, according to market research firm Gartner.
Cisco’s latest results also underscore an ongoing recovery in sales of the company’s switches and routers, which were hit by a slowdown in spending by telecom carriers, its traditional customers, in the second half of 2014.
Needham & Co analyst Alex Henderson said the 7 percent rise in revenue in the Americas was a “laudable performance.” The region accounted for 61 percent of total sales in the fourth quarter.
“I think for the entire market – and Cisco is a microcosm of it – the international markets are the key issue.”
Cisco said revenue from other geographies declined marginally.
The company has also been investing in new products and services such as data analytics software, security and cloud-management tools.
Cisco said in June it would buy cloud-based security firm OpenDNS for $ 635 million.
The company also said revenue from telecom providers rose 2 percent in the quarter but added that it did not expect an increase in capital spending by its traditional customers.
“Cisco’s best years are ahead of us,” Chuck Robbins said on the post-earnings conference call, his first as Cisco’s chief executive. Robbins took over from veteran John Chambers in July.
The company forecast revenue growth of 2-4 percent for the first quarter, which translates to $ 12.49 billion-$ 12.73 billion. It forecast adjusted earnings per share of 55 cents-57 cents.
Analysts on average were expecting revenue of $ 12.55 billion on a profit of 56 cents per share.
For the fourth quarter, the company earned 59 cents per share on an adjusted basis, while revenue rose nearly 4 percent to $ 12.84 billion.
Analysts on average were expecting a profit of 56 cents per share on revenue of $ 12.65 billion, according to Thomson Reuters I/B/E/S.
Up to Wednesday’s close of $ 27.90, shares had fallen nearly 5 percent since the company last reported results in May.
By Arathy S Nair and Anya George Tharakan
(Reporting By Arathy S Nair and Anya George Tharakan in Bengaluru; Editing by Saumyadeb Chakrabarty)
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