Two networking companies flexed their muscles in varying forms Tuesday as industry giant Cisco Systems (CSCO) said it would spend nearly a half billion dollars on another amid a series of acquisitions, and NetGear (NTGR) shares continued to soar after an analyst recommended that investors buy the suddenly burgeoning stock. Cisco said Tuesday that it intends to buy security analytics software firm Lancope, a privately held company based in
The late Steve Jobs might now be mostly a mythical figure seen only in Hollywood movies, but the company he ran before his untimely death in 2011, Apple (AAPL), hasn’t lost the tech guru’s ability to astonish. In fact, it’s been doing things lately that might even surprise Jobs. Case in point: John Chambers — executive chairman for networking leader Cisco Systems (CSCO) — this month recounted how Apple broke with its own tradition by forming a
As IBM (IBM) kicks off the third-quarter earnings season Monday afternoon for those tech companies catering to businesses, analysts say the questions that investors need to ask is where the growth will come from for big-ticket stocks and whether smaller players on the rise can perform. The likes of IBM, Hewlett-Packard (HPQ), Cisco Systems (CSCO) and Oracle (ORCL) are struggling to find ways to grow, says Daniel Ives, analyst for FBR Capital