Unity Software Inc. (U) Q4 2020 Earnings Call Transcript

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Unity Software Inc. (U) Q4 2020 Earnings Call Transcript

Cisco Systems, Inc.
IndustryNetworking hardware
Networking software
FoundedDecember 10, 1984; 36 years ago (1984-12-10) in San Francisco, California, United States
United States[1]
Area served
Key people
ProductsList of Cisco products
  • Increase US$14.21 billion (2019)[2]
  • Increase US$11.62 billion (2019)[2]
Total assets
  • Decrease US$97.79 billion (2019)[2]
Total equity
  • Decrease US$33.57 billion (2019)[2]
Number of employees
75,900 (2019)[2]
SubsidiariesList of acquisitions by Cisco Systems

Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products.[3] Through its numerous acquired subsidiaries, such as OpenDNS, Webex, Jabber and Jasper, Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security and energy management. On January 25, 2021, Cisco reincorporated in Delaware.[4]

Cisco stock was added to the Dow Jones Industrial Average on June 8, 2009, and is also included in the S&P 500 Index, the Russell 1000 Index, NASDAQ-100 Index and the Russell 1000 Growth Stock Index.[5]

In 2020, Fortune magazine ranked Cisco at number four on their annual list of the 100 Best Companies to Work For in 2020 based on an employee survey of satisfaction.[6]

Cisco Systems was founded in December 1984 by Leonard Bosack and Sandy Lerner, two Stanford University computer scientists who had been instrumental in connecting computers at Stanford. They pioneered the concept of a local area network (LAN) being used to connect geographically disparate computers over a multiprotocol router system. By the time the company went public in 1990, Cisco had a market capitalization of $224 million; by the end of the dot-com bubble in the year 2000, this had increased to $500 billion.[7] As of November 2020, Cisco has a market cap of around $173 billion.[8]

  1. ^ "Contact Cisco". Retrieved March 1, 2017.
  2. ^ a b c d e f "Cisco Systems, Inc. 2019 Annual Report Form (10-K)" (PDF). U.S. Securities and Exchange Commission. August 2019. Retrieved April 1, 2019.
  3. ^ "Cisco, Form 10-K, Annual Report, Filing Date Sep 12, 2012" (PDF). secdatabase.com. Retrieved March 25, 2013.
  4. ^ "Form 8-K12B". www.sec.gov. Retrieved February 16, 2021.
  5. ^ Browning, E.S. (June 1, 2009). "Travelers, Cisco Replace Citi, GM in Dow". Wall Street Journal. Dow Jones & Company, Inc. Retrieved June 2, 2009.
  6. ^ https://www.businessinsider.com/best-companies-to-work-for-based-on-employee-satisfaction-fortune-2020-2
  7. ^ "Cisco pushes past Microsoft in market value". CBS Marketwatch. March 25, 2000. Retrieved January 25, 2007.
  8. ^ "Cisco (CSCO) - Market capitalization". companiesmarketcap.com. Retrieved November 21, 2020.