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Cisco Systems, Inc. - technical definition
One of the market leaders for networking equipment
and services for the Internet and
corporate networks. Started in 1984 by a small number of scientists at Stanford
University, Cisco Systems, Inc. remains committed to developing Internet Protocol (IP)–based networking technologies,
particularly in the core areas of routers
and switches. Today, the U.S.
company has more than 34,000 employees worldwide. CiscoÂ’s 2003 market share of
72% in the core router market dropped to a still significant 62% in that market
in 2004. CiscoÂ’s revenue market share grew from 65.8% in 4Q05 to 69.9% in 1Q06,
CiscoÂ’s highest revenue market share in the last five quarters.
See Also: Internet; Internet Protocol (IP); Routers; Switch.
Cisco Systems Inc. News @ Cisco: Corporate Overview. [Online, 2004.] Cisco
Systems, Inc. News Website. http://newsroom.cisco.com/dlls/company_overview.html;
Oates, John. Cisco market share slipping. The Register. [Online, November 11,
2004.] http://
www.theregister.co.uk/2004/11/24/juniper_hits_cisco/.