NEW YORK, April 8 (Reuters) - Cisco Systems Inc said on Tuesday it will buy the remaining stake in its majority-owned unit Nuova Systems, and unveiled new network switches they co-developed for ...

Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring. Cisco joins a long list ...

Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the ...

Cisco revealed plans to slash its headcount by 5% — roughly 4,250 employees across the tech behemoth’s global workforce — as it steps up its focus on artificial intelligence. San Jose, Calif.-based ...

SAN JOSE, Calif. & LONDON & NEW DELHI, India--(BUSINESS WIRE)--Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has set up a ...

Extreme Networks on Wednesday said it has agreed to purchase Brocade Communications Systems' data center networking business from Broadcom. The move, combined with several other recent acquisitions by ...

Networking giant Cisco acquired digital infrastructure company Splunk and says the merger will allow them to "supercharge" and revolutionize the way it wields artificial intelligence for its customers ...

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, today announced it has signed a definitive agreement to sell Accedian, a leader in performance analytics ...

A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion acquisition of cybersecurity ...

Last week, Cisco announced its intention to acquire Splunk for $157 per share in cash, representing approximately $28 billion in equity value. Upon the close of the acquisition, Splunk President and ...

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