Trade Cisco Systems
Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in central Silicon Valley. Cisco develops, manufactures and sells network hardware, software, telecommunications equipment and other high-tech services and products. Through many acquired affiliates, such as OpenDNS, Webex, Jaber and Jasper, Cisco specializes in specific technology markets, such as The Internet of Things (IoT), domain security and energy management. On January 25, 2021, Cisco was reintegrated into stock.Delaware.Cisco was added to the Dow Jones Industrial Average on June 8, 2009, and also included in the S&P 500 index, and the Russell 1000 index, The NASDAQ-100 index, the Russell 1000 growth stock Index.In 2020, Fortune magazine ranked Cisco fourth on its annual list of top 100 companies to work in 2020 based on a survey of employees of satisfaction. Cisco Systems was founded in December 1984 by Leonard Bosak and Sandy Lerner, scientists at Stanford Computer University who were instrumental in connecting computers at Stanford. These companies have pioneered the concept of lan, which is used to connect geographically diverse computers through a multi-protocol routing system. By the time the company became public in 1990, Cisco had a market capitalization of $224 million; by the end of the dot-com bubble in 2000, that had risen to $500 billion. As of November 2020, Cisco's market cap is about $173 billion.