Cisco buying Md.-based BroadSoft for $1.9 billion cash

October 23, 2017 Comments Off on Cisco buying Md.-based BroadSoft for $1.9 billion cash

FILE - This Wednesday, May 9, 2012, file photo, shows an exterior view of Cisco Systems Inc. headquarters in Santa Clara, Calif. Cisco is buying BroadSoft for $1.9 billion in a move to bolster telecom technology. The deal is expected to close during the first quarter of 2018. (AP Photo/Paul Sakuma, File)

BroadSoft, the Gaithersburg-based company that handles the software used by phone carriers and large businesses to manage call conferencing, announced Monday that it is being sold to California-based telecommunications giant Cisco Systems as both companies seek to harness the changes ...

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Ericsson, Cisco in partnership to create networks

November 10, 2015 Comments Off on Ericsson, Cisco in partnership to create networks

HELSINKI — The world’s biggest networks provider, Ericsson, has announced a strategic partnership with another industry leader, Cisco, to create “networks of the future.” Sweden-based Ericsson says the business and technology partnership including networking, cloud and mobility services, is expected ...

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Cisco inks deal to buy Columbia-based Sourcefire for $2.37B

July 23, 2013 Comments Off on Cisco inks deal to buy Columbia-based Sourcefire for $2.37B

SAN JOSE, Calif. — Cisco said Tuesday that it reached a deal to buy computer network security company Sourcefire for about $2.37 billion in cash. Under the terms of the agreement, Cisco will pay $76 cash for each of the ...

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Dow average dumps Kraft Foods for UnitedHealth

September 14, 2012 Comments Off on Dow average dumps Kraft Foods for UnitedHealth

NEW YORK — The Dow Jones industrial average is dumping Cool Whip for copays. The Dow, perhaps the most widely known barometer of the U.S. stock market, announced Friday that it would boot Kraft Foods to make room for UnitedHealth ...

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Harris promoted at Force 3

May 1, 2012 Comments Off on Harris promoted at Force 3

Troy Harris, a former technical sales consultant at Force 3, has been promoted to team leader of borderless networks at Force 3. In his new role he will conduct extensive training for IT Academy students on topics including ethics, Cisco ...

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I hope all dogs go to heaven

April 18, 2012 2 Comments

Within minutes of talking to me, it is fairly obvious that I am an animal lover and take great joy in spending time with my two dogs, Dexter and Luca. In fact, it very well might be my favorite thing ...

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Stocks rise on small but positive economic signs

August 11, 2011 Comments Off on Stocks rise on small but positive economic signs

NEW YORK — Wall Street’s wildest week since 2008 continued with another 300-plus point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy might not be headed into another recession. ...

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Cisco plans to shut its Flip camcorder business

April 12, 2011 Comments Off on Cisco plans to shut its Flip camcorder business

NEW YORK — Cisco Systems Inc., the world’s largest maker of computer networking gear, on Tuesday said it is killing its Flip camcorder business as part of a reversal of years of efforts at diversifying into consumer products. The about-face ...