Cisco Systems, Inc (NASDAQ:CSCO) has been declared a leader in the collaboration space. This is after the Synergy Research Group released a report early in the April this year. Initially, the Microsoft had dominated the leading position in the collaboration market. According to the Synergy Research Group new Q4 data, the Cisco Systems raised its […]
CISCO SYSTEMS INC.
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Ousts Hans Vestberg From CEO Post
The Board of Directors of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has finally decided on Monday to oust Hans Vestberg as CEO after holding the post for nearly seven years. In line with this, Jan Frykhammar, Telefonaktiebolaget LM Ericsson Chief Financial Officer (CFO), has been appointed as interim CEO. Accordingly, the Board of Directors find it necessary […]
Cisco Systems, Inc. (NASDAQ:CSCO) Acquires Lancope In A Cash Plus Equity Deal
Cisco Systems, Inc. (NASDAQ:CSCO), better known for offering world-class tech products and services, announced that it had acquired Lancope in a cash plus equity deal. Reports claim that Cisco paid around $452.5 million in cash, in addition to retention based incentives and equity awards. Insights of The Matter Lancope is a renowned private company based […]