Cisco Systems, Inc., is a multinational technology conglomerate in America with headquarters in San Jose, California (Silicon Valley). The company primarily develops networking hardware and telecommunications equipment, as well as a number of other related products and services. Cisco operates via several subsidiaries which have been acquired over its lifespan. These include OpenDNS, WebEx, Jasper, and Jabber.
Cisco is considered a major player in several emerging technology fields, including the Internet of Things, energy management, and security.
Founded in 1984 by Sandy Lerner and Leonard Bosack who had previously pioneered the concept of the Local Area Network (known widely as LAN), Cisco went public in 1990 with a market capitalization of $224 million.
As of 2018, Cisco is the largest networking company around the world. Its stock was added to the Dow Jones Industrial Average in 2009. In 2000, the company was considered the single most valuable company in the world, with over $500 billion USD market capitalization. Cisco employs 72,290 employees and provides opportunities for network administrators, technicians, programmers, security specialists, management, HR personnel, and many other professions.
In 2017, the company reported a revenue of $48.005 billion USD, and a profit of $9.609 billion USD. Cisco has been included in Fortune's 100 Best Companies to work for and was number 20 in 2011. It owns one of the largest portfolios of security-related patents, with over 6,442.
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