In the early 1980s students and staff at Stanford, including Bosack, used technology on the campus to link all of the school's computer systems to talk to one another, creating a box that functioned as a multiprotocol router called the "Blue Box". Ĭisco's initial product has roots in Stanford University's campus technology. Bosack was in charge of the Stanford University computer science department's computers. Lerner was the director of computer facilities for the Stanford University Graduate School of Business. Ĭisco's first router, the Advanced Gateway Server (AGS) router (1986)Ĭisco Systems was founded in December 1984 by Sandy Lerner along with her husband Leonard Bosack. As of June 2021, Cisco has a market cap of around $230 billion. 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. They pioneered the concept of a local area network (LAN) being used to connect geographically disparate computers over a multiprotocol router system. Ĭisco 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. In 2020, Fortune magazine ranked Cisco at number one on their annual list of the 100 Best Companies to Work For in 2021 based on an employee survey of satisfaction.
Ĭisco 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. On January 25, 2021, Cisco reincorporated in Delaware. 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. Integral to the growth of Silicon Valley, Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. is an American multinational technology conglomerate corporation headquartered in San Jose, California.
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