Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High [The Motley Fool]
Cisco Systems, Inc. (CSCO)
Last cisco systems, inc. earnings: 2/12 04:05 pm
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Source: The Motley Fool
TheDow Jones Industrial Average(DJINDICES:^DJIShares ofCisco SystemsNASDAQ:CSCOHome DepotNYSE:HDImage source: Getty Images.Cisco confirms a cloud acquisitionNetworking hardware giantOn Thursday, it announced its intent to acquire ThousandEyes, a privately held internet and cloud intelligence platform company based in San Francisco. Cisco didn't reveal how much it will pay, but the price tag is reportedly around $ billion.This is a significant acquisition, but nowhere near as big as some of Cisco's other recent deals. One example: It paid a whopping$.7 billion in 07 for AppDynamicsCisco will integrate ThousandEyes' capabilities into AppDynamics as well as its enterprise networking and cloud portfolio. "The combination of Cisco and ThousandEyes will enable deeper and broader visibility to pinpoint deficiencies and improve the network and application performance across all networks," said Todd Nightingale, general manager of Cisco's enterprise networking and cloud business. "This will gi
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CSCO
Earnings
- 2/14/24 - Beat
CSCO
Sec Filings
- 4/5/24 - Form 13F-HR
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- CSCO's page on the SEC website