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Cisco quarterly results soar past estimates

Cisco Systems Inc's results and outlook soared past expectations and Chief Executive John Chambers said business has improved dramatically in nearly all areas.

Cisco revenue grows more than expected

Cisco Systems Inc's quarterly results beat expectations on what CEO John Chambers called a dramatic business acceleration as customers resumed upgrading networks to handle growing Internet traffic.

Cisco returns to growth, network spending recovers

Cisco Systems Inc reported higher-than-expected revenue growth as more customers resumed upgrading their networks to handle increasing wireless and Internet traffic.

Cisco set for first quarterly sales growth in year

Cisco Systems Inc is expected to post its first quarterly revenue growth in more than a year when it reports results, as customers more confident about the economy upgrade their networks.

More news

Telefonica buys Internet phone provider Jajah

Spain's Telefonica (TEF.MC) said on Wednesday its O2 unit had bought voice-over-Internet-protocol provider Jajah for 145 million euros ($207.6 million). The all cash deal is subject to approval by Spain's antitrust authorities, Telefonica said.

Nastiness in the mix for Kraft's hostile Cadbury bid?

Rather than talk about sweetening its 789 pence-per-share offer for Cadbury — say, to the 820-850 pence level analysts think is needed — Kraft is urging shareholders to take a long hard look at Cadbury's revenue growth targets

Cisco's strategy chief emerges as CEO contender

When Ned Hooper joined Cisco Systems Inc (CSCO.O) after the company he worked for was bought by the U.S. network equipment giant, he didn't think he would stay beyond an initial two-year commitment.

Cisco targets 12-17 percent growth on firmer economy, M&A

Cisco Systems Inc Chief Executive John Chambers reiterated the company's long-term target of 12 percent to 17 percent annual revenue growth, citing an economic recovery and expansion into new markets.

Cisco set to defend growth target, M&A strategy

Cisco Systems Inc is expected next week to say it can return to double-digit sales growth due to a stronger economy and expansion in high-growth businesses, including the acquisition of videoconference leader Tandberg .

Daily Wrap Up - Dec 4

Banking on Banks; Fast Food Blues; Another BP Spill

Cisco learns lesson as it finally snares Tandberg

Cisco Systems Inc's veteran dealmakers may have learnt some new lessons from their drawn-out pursuit of Norway's Tandberg ASA, the video conferencing leader.

Cisco gets Tandberg shares after battle

Cisco Systems has control over more than 90 percent of Norwegian target Tandberg, allowing it to squeeze out remaining shareholders, and create the world's leader in videoconferencing equipment.

Cisco, Juniper gear vulnerable to hacking: U.S. govt

The U.S. government has identified flaws in equipment from four companies, including Cisco Systems Inc , that hackers can exploit to break into corporate computer networks.

Cisco has 84 pct of Tandberg, won't extend bid

Cisco Systems Inc needs more help from shareholders to meet the acceptance threshold in its bid to buy Norway's Tandberg ASA and create the global leader in videoconferencing equipment.

IBM to buy start-up Guardium for $225 million: report

IBM , the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million, Israeli financial newspaper TheMarker reported.

Cisco ups Tandberg bid, expected to win approval

Cisco Systems Inc raised its bid for Tandberg ASA 10 percent to 19 billion Norwegian crowns ($3.41 billion), a move widely expected to win over shareholders of the video conferencing company.

Cisco ups Tandberg bid, says has more than 40 percent backing

U.S. network equipment maker Cisco raised its bid for Norwegian video conferencing equipment maker Tandberg and said it was backed by holders of more than 40 percent of its shares after few warmed to its previous offer.

Cisco shareholders OK say-on-pay proposal

Cisco Systems Inc shareholders narrowly approved a say on pay proposal giving them a greater voice in setting executive compensation.

HP-3Com deal raises stakes in tech M&A battle

Major technology companies seem to be launching multibillion-dollar acquisitions every other week, and those who don't join the race may be at risk of getting run over.

HP still seen looking for deals after 3Com

Hewlett-Packard Co's $3.1 billion play for 3Com Corp will help the technology giant expand its product portfolio amid rapid industry consolidation -- and few think HP is done shopping.

HP to buy 3Com for $3.1 billion

Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.

HP shares slip, 3Com shares soar on acquisition

Shares of 3Com Corp soared more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co agreed to acquire the networking solutions provider for $2.7 billion, while HP shares slipped 0.7 percent to $49.65.

HP to buy 3Com for $2.7 billion

Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.

HP agrees to buy 3Com for $2.7 billion

Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.

Logitech buys LifeSize Comms for $405 million

Logitech said it is buying privately held LifeSize Communications for $405 million, bolstering its position in the much-prized video communication market, which is seen as a key source of future growth.

Tandberg shareholders snub Cisco offer

Cisco Systems, the largest U.S. network equipment maker, said investors holding 9.37 percent of Norwegian videoconferencing company Tandberg's shares had accepted its tender offer.