Tag Archives: csco

Cisco Announces Deal To Partner With Chinese Firm

Cisco Systems (CSCO) on Wednesday announced a partnership with a Chinese server maker as part of the network gear maker’s edict to tap into the world’s most populous nation. Timed to coincide with China President Xi Jinping’s visit to Seattle, Cisco’s pact is with China-based Inspur, which is not a state-owned entity though government interests have a 38.9% stake in the company. Inspur will resell Cisco’s equipment and develop other hardware with

Arista Has Little To Worry About In Case: Analyst

Arista Networks (ANET) has little to worry about when it comes to the ongoing legal dispute it has with Cisco Systems (CSCO) over patent claims, one analyst says. Alex Henderson at Needham & Co. says he’s spoken with Arista management and asked them point-blank whether the routers and networking gear essential to their business are at risk as a result of the action that is now before the International Trade Commission. “They strongly believe the

Arista Stock Plunges Over Findings On Cisco Patents

Arista Networks (ANET) stock tumbled by more than 12% at one point Friday after reports surfaced that International Trade Commission staff attorneys have found the network gear maker infringed on patents taken out by rival Cisco Systems (CSCO). At the closing bell Arista stock was down 7.8% for the day at 64.46, following a 5.6% drop Thursday after reports of the findings first started to appear. The findings, which have yet to be affirmed by an