Tag Archives: CSCO

Cisco (NASDAQ: CSCO) Announces Intent to Acquire Arch Rock

Cisco today announced its intent to acquire privately held Arch Rock Corporation, a pioneer in Internet Protocol-based wireless network technology for smart-grid applications. Based in San Francisco, Arch Rock will accelerate Cisco’s ability to facilitate the utility industry’s transition to an open and interoperable smart grid by enabling Cisco to offer a comprehensive and highly secure advanced metering infrastructure solution based completely on IP standards.

“The acquisition of Arch Rock enhances Cisco’s end-to-end smart-grid offerings and further positions Cisco as a strategic partner to utilities that want to better manage power supply and demand, improve the security and reliability of energy delivery, and optimize operational costs,” said Laura Ipsen, senior vice president and general manager of Cisco’s Smart Grid business unit. “Cisco’s solutions, incorporating the Arch Rock technology, will help enable a more efficient and sustainable energy future that is based on an open, highly secure and reliable smart-grid infrastructure.”

The acquisition of Arch Rock further establishes Cisco’s vision of fully IP-enabled networking solutions for a smart grid. Arch Rock’s technology is designed to enable utilities to connect smart meters and other distributed intelligent devices over a scalable, highly secure, multi-way wireless mesh network based on IP standards. This capability complements the recently announced joint development agreement between Itron and Cisco, by which Cisco plans to develop solutions that enhance smart-metering technology, enabling utilities to meet the demands of increasingly empowered customers and highly distributed energy sources.

Arch Rock brings to Cisco a proven team that has been a leader in the research and development of wireless networking and its integration into grid solutions. Upon the close of the acquisition, the Arch Rock team will become part of Cisco’s industry-leading Smart Grid business unit. Financial terms of the transaction are undisclosed. The acquisition is subject to various standard closing conditions and is expected to be complete in the second half of calendar year 2010.

Cisco to Restructure Asia Pacific and Japan operations

Cisco (NASDAQ: CSCO) today announced a restructuring of its Asia Pacific and Japan operations to support its investments and growth plans in the Asia Pacific and Japan region.

Effective February 2010, the company will create three theaters that will enable a more focused strategy and investment of resources to countries within the region.

China P.R.C., Hong Kong and Taiwan, formerly part of the Asia Pacific Theater, will now form a separate Greater China Theater. The remaining countries in Asia Pacific will form the Asia Pacific Theater and Cisco’s Japanese operations will continue as the Japan Theater.

The new Greater China Theater will be led by Owen Chan, President and CEO, Greater China Theater, reporting to Robert Lloyd, Executive Vice President, Worldwide Operations. Chan joined Cisco in 1999 and has been President of Cisco’s Asia Pacific region for the past five years. Under his leadership, the Asia Pacific region has been one of Cisco’s most consistent and fastest growing regions. For his new role, he will be relocating from Hong Kong to Beijing, China.

Jim Sherriff will continue in his role of developing and leading Cisco’s cross-functional execution of the company’s overall China strategy including government affairs, supply chain, product development, corporate affairs, corporate development and strategic alliances. As Chairman, Greater China Theater, Sherriff will continue reporting to Executive Vice President of Operations, Processes, and Systems Randy Pond and will continue to be based in Shanghai, China. Thomas Lam will report to Sherriff as Vice Chairman and be responsible for developing cross-functional strategies for Cisco’s Corporate Social Responsibility (CSR), corporate affairs and university relations in Greater China.

In addition to his current responsibilities leading Cisco Japan, Edzard Overbeek will assume leadership of the Asia Pacific Theater. As President, Asia Pacific and Japan Theaters, he will continue reporting to Robert Lloyd. Since taking on leadership of Cisco’s Japan Theater three years ago, Overbeek has driven growth in an extremely challenging economic environment, built strong relationships with customers and partners, and developed a world-class leadership team.

“Given the size and growth of the Chinese economy and our significant commitments to our China business, we believe designating Greater China as its own theater marks an important next step in our strategy,” said Lloyd. “Together, the Japan, Greater China and Asia Pacific Theaters comprise approximately 15% of Cisco’s worldwide revenue and, as home to some of the world’s most dynamic economies, represent sizeable long term growth opportunities for Cisco. Under Edzard, Owen, and Jim’s leadership, Cisco will be able to maximize these opportunities by providing increased focus on our customer and partner relationships in the region.”

Watch Video: Cisco HealthPresence on Discovery

Cisco HealthPresence: Technology Recreates Face-to-Face Doctor’s Visit

With technologies like TelePresence, or Cisco’s (NASDAQ:CSCO) medical version HealthPresence, will we still visit with our doctor or medical specialist in the future? Watch this HealthPresence video below, where Cisco and the Discovery Channel team to demonstrate Cisco’s HealthPresence, which creates a live, face-to-face office visit for doctors and patients, even when they are hundreds of miles apart.

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Cisco Starent Networks Acquisition Completed

Cisco (NASDAQ: CSCO) has completed its acquisition of Starent Networks (NASDAQ: STAR), a leading supplier of Internet Protocol (IP) based mobile infrastructure solutions targeting mobile and converged carriers.

With the Mobile Internet at an inflection point as IP-enabled Smartphones and other connected mobile devices gain rapid acceptance, service providers have been actively investing in this market. Global mobile data traffic is expected to more than double every year through 2013, according to the Cisco Visual Networking Index.

Starent Networks’ mobile infrastructure solutions play an important role in enabling service providers to scale their mobile infrastructure and monetize their investments via differentiated experiences. They provide the multimedia intelligence, core network functions and services to manage access from any 2.5G, 3G and 4G radio network to a mobile operator’s packet core network. Starent Networks’ access-independent technology is deployed in CDMA2000 (1X, EV-DO), UMTS/HSPA and WiMAX networks.

With the completion of the transaction, Starent Networks becomes part of Cisco’s new Mobile Internet Technology Group within the Service Provider Group (SPG). In addition, Ashraf Dahod, former president and CEO of Starent Networks, becomes senior vice president and general manager of this new group, reporting to Pankaj Patel, senior vice president and general manager of SPG.

Under the terms of the agreement, Cisco paid $35 per share in cash in exchange for each share of Starent Networks and assumed outstanding equity awards for an aggregate purchase price of approximately $2.9 billion. Cisco expects the acquisition to be dilutive to non-GAAP earnings in fiscal years 2010 and 2011 and accretive to non-GAAP ea

More Than 90% of the Shares in TANDBERG under Cisco Control


In the voluntary public cash offer to acquire all outstanding shares in TANDBERG, Cisco (NASDAQ: CSCO) announces that it has now received acceptances for or purchased shares representing more than 90% of the shares in TANDBERG (OSLO: TAA.OL).

As a result of additional acceptances registered today, Cisco hereby announces that approximately 99.8 million shares have been tendered, representing 89.1% of the outstanding shares in TANDBERG. In addition, Cisco has on November 18 and 20, 2009, purchased a total of 2,238,600 shares in TANDBERG, corresponding to 2.0% of the outstanding and issued shares. The shares tendered, combined with shares owned, currently represent approximately 102 million shares, or approximately 91.1% of the shares and voting rights in TANDBERG.

There may be adjustments to this result due to possible corrections and changes following registration with the Verdipapirsentralen (VPS). The final result will be published as soon as it is available.

Subject to the satisfaction or waiver of the remaining conditions to the offer as set forth in the offer document, dated October 7, 2009, Section 1.7, Cisco intends to make a compulsory acquisition of the remaining shares in TANDBERG pursuant to the Norwegian Public Companies Act and to proceed with an application for a de-listing of the shares of TANDBERG. In accordance with Section 1.7 (Conditions to the Offer) of the offer document, Cisco will issue a notification through the Oslo Stock Exchange as soon as each of the remaining conditions to the offer has been met, waived or failed to be met.

Cisco study predicts Shortage of IT Professionals

Cisco, in collaboration with the Cisco Learning Institute, announced the results of a study on networking labor needs in North America. According to an IDC white paper sponsored by Cisco Learning Institute, “Networking Skills in North America: Trends, Gaps and Strategies,” there is a 60,000-person shortfall between the supply of networking talent and the market demand for highly skilled information technology (IT) workers in the workforce today. As the demand grows for IT professionals, who now represent 14 percent of the workforce, this gap is expected to continue through 2011. Continue reading Cisco study predicts Shortage of IT Professionals

WiMAX Industry Patent Pool Formed

Alcatel-Lucent, Cisco, Clearwire, Intel, Samsung, Sprint Ally to Form WiMAX Industry Patent Pool

4g WIMAXTo accelerate the widespread adoption and deployment of WiMAX technology and products, Alcatel-Lucent, Cisco®, Clearwire, Intel Corporation, Samsung Electronics and Sprint today announced the formation of the Open Patent Alliance (OPA). The OPA will advance a competitive and open intellectual property rights model, thus stimulating a larger WiMAX industry that supports innovation through broader choice and lower equipment and service costs for WiMAX technology, devices and applications globally.

WiMAX is a 4G, IP-based broadband wireless technology that provides low-cost, multi-megabit speed and greater throughput for the mobile Internet era of video-rich content and bandwidth-intensive applications. It is based on the IEEE 802.16e standard.

To accomplish its goals, the OPA will form a WiMAX patent pool to help participating companies obtain access to patent licenses from patent owners at a predictable cost. Continue reading WiMAX Industry Patent Pool Formed