San Francisco based Slack Technologies Inc. raises $250 million funding round led by SoftBank Group Corp.’s Vision Fund, valuing the startup at $5.1 billion. According to the reports, Slack will be utilising the funds for expansion in an increasingly competitive market for workplace messaging services. The Vision Fund was joined by Accel and other investors, Slack […]
Cisco Systems Inc, US-based technology firm has announced it plans to acquire IIT-Kanpur and BITS Pilani alumni-founded, Springpath, Inc. a Sunnyvale-based leader in hyper-convergence software for $320 million.
Cisco India and SAARC President Dinesh Malkani has put in his papers at the networking solutions giant to take on a leadership role at a startup. Malkani will continue in his role until July 31 and remain associated with Cisco till the end of September, according to sources. The development comes at a time when Cisco is betting big on […]
American hardware major Cisco today said it is witnessing a jump in demand by Indian banks since the demonetisation move, which made it open its first global digital experience centre here. “Overall we see a significant ramp-up requirements are coming from them, especially since November last year. That is where we have also seen growth,” […]
American technology giant Cisco has said it will pay USD 610 million in cash to acquire a networking start-up led by an Indian-origin software industry veteran. Cisco will buy Viptela, a privately held software-defined wide area network (SD-WAN) company based in San Jose, a move that will expand its portfolio. Viptela CEO Praveen Akkiraju, a […]
Networking giant Cisco today said it plans to make India a global export hub for its products, after recently having started manufacturing access points and routers at a facility in Pune. The US-based company also expects to complete 50 digitisation projects by the end of the year across India, which is part of its USD […]
San Francisco: The University of California, San Francisco on Tuesday laid off 49 information technology (IT) employees and outsourced their work to a company based in India, ending a year-long process that has brought the public university under fire. The university announced the plan last July as a way to save $30 million over five […]
San Francisco-based software company founded by an IIT alumnus will be acquired by American technology giant Cisco for USD 3.7 billion. Jyoti Bansal founded application intelligence software company AppDynamics in 2008 with a vision to “help modern enterprises embark on their journey of digital transformation with a disruptive approach to managing their software applications.” Cisco […]
State-owned Bharat Sanchar Nigam Ltd (BSNL) today said it will look into allegations of irregularity in award of network equipment tender to US tech giant Cisco in 2014. Reports said BSNL tender norms for procuring IP-MPLS equipment for the Network for Spectrum (NFS) project were allegedly tweaked to so that the Rs 2,000 crore contract […]
Anil Ambani promoted Reliance Group today announced a strategic partnership with Cisco Jasper for the launch of its new venture ‘UNLIMIT’ to provide Internet of Things (IoT) services to enterprise customers across India. The outlook for IoT services in India is virtually UNLIMITed, with the number of connected devices projected to rise from 200 million […]
Customer Analytics Technologies Inc., owner of SaaS-based Customer Experience Management platform CloudCherry announced today that it has raised their Series A Funding of $6M from Vertex Ventures, Cisco Investments and IDG Ventures India. This capital infusion will be used for CloudCherry’s global expansion, with a strong focus on the US, South East Asia and the […]
Rajasthan education department has partnered with US-based technology firm Cisco to promote digital learning across the state using virtual digital room solutions. “This initiative aims to enhance the quality of education through digital learning for academia to connect, collaborate, create and share content across 12 centres of State Institute for Education Management and Training (SIEMAT) […]