Cisco

The American global digital communications technology conglomerate firm Cisco Systems, Inc., also known as Cisco, has its corporate headquarters in San Jose, California. Cisco creates, produces, and markets networking tools, computer software, telecommunications gear, and other high-tech services and goods. Cisco is a leading provider of cutting-edge technologies such as Webex, OpenDNS, Jabber, Duo Security, and Jasper.

It specializes in niche technological areas like the Internet of Things (IoT), domain security, videoconferencing, and energy management. With over $51 billion in annual revenue and close to 80,000 employees, Cisco is one of the biggest technological businesses in the world, coming in at number 74 on the Fortune 100.

Leonard Bosack and Sandy Lerner, two computer scientists from Stanford University who had played a key role in connecting computers at Stanford, created Cisco Systems in December 1984. They invented the idea of connecting remote computers via a multiprotocol router system using a local area network (LAN). Cisco had a market valuation of $224 million when it first went public in 1990; by the end of the dot-com boom in 2000, it had climbed to $500 billion, overtaking Microsoft as the most valuable corporation in the world. Cisco's market value was over $267 billion as of December 2021.

Cisco's market valuation as of March 2023 is $207.53 billion. By market cap, this places Cisco as the 45th most valuable corporation in the world. The most recent financial reports from Cisco show that the company's current revenue (TTM) is $53.16 billion. The corporation generated $52.28 billion in revenue in 2022, an increase from $50.78 billion in revenue in 2021.

Founded: December 10, 1984
Headquarters: San Jose, California, U.S.
Website: cisco.com