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26 Οκτ 2013 (πριν από 3 χρόνια και 9 μήνες)

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Activity 2
:
Researching


Cisco Systems, Inc.


Company Information

Cisco is a public company that is located in San Jose, California. Cisco is
currently a part of the computer networking industry.

They currently employ close to
65,000 people. They provide a

variety
of products and services that can be classified in
the following areas: Network Systems, Collaboration, Voice, and Video, Security, Data
Center, Mobility/Wireless.

History of the Company

Cisco was founded in 1984 by a group of computer scientis
ts.
Cisco was one of
the first companies to successfully sell routers that supported multiple network
protocols. As the Internet developed Cisco had to shift their production from multiple
network protocols to IP protocols.

The company was first listed on
the
NASDAQ
stock
exchange in 1990. Cisco continued to grow through the 90’s by
acquiring

several
companies, the largest being Scientific Atlanta. These acquisitions helped to grow many
business units for Cisco, such as LAN switching, Enterp
rise VOIP, and h
ome
networking. At the height of the dot
-
com boom (2000), Cisco became the most valuable
company in the world. There market capitalization was more than 500 billion dollars.
Cisco continues to develop new network equipment outside routing, including Ethern
et
switches, remote access, branch office routers, ATM networking, security, IP telephony,
and others. Cisco acquired Linksys in 2003 and with this acquisition positioned itself as
the leading brand for the home and end user networking market. Cisco contin
ues to
succeed in 2009 by achieving a market cap of about 104 billion dollars. They are still
one of the most valuable companies and were voted stock of the decade on NASDAQ.

Management Practices

Cisco has several key management practices:

1.

The CEO and th
e Board review succession and development plans for
senior executive officers. The Board may conduct specific reviews
concerning management succession planning.

2.

The company’s executive management will be responsible for preparing
financial statements. The
executive management will maintain systems,
procedures, and the corporate culture. They will also ensure that they
company is compliant with legal and regulatory requirements and that they
follow the ethical conduct of the company.


3.

The executive managemen
t will communicate with investors, the press,
employees, and other constituencies that are involved with the company.
They will also set the policies relating to such communications.


Revenue and Profits (2006
-
2008)

Year

Total Revenue

Total Net Income

200
6

28,484,000

5,580,000

2007

34,922,000

7,333,000

2008

39,540,000

8,052,000


Stock Symbol/Exchange/Requirements for Exchange

The stock symbol for Cisco is CSCO and it is traded on the NASDAQ. There are
three requirements to be traded on the NASDAQ exchan
ge: the company must have
issued at least 1.25 million shares of stock, the stock issued must be worth at least 70
million dollars, and the company must have earned more than 11 million dollars over the
last three years.