Tag Archives: csco

Convergence Seen Pushing Ciena Into Cisco Territory

Fiber-optic parts maker Ciena (CIEN) is moving up the telecom supply chain, taking on network gear vendors Juniper (JNPR), Cisco Systems (CSCO) and Alcatel-Lucent (ALU), UBS says in a new report. Ciena, whose core business is selling optical technologies, is adding more packet-switching networking functionality into its products, says UBS analyst Amitabh Passi, who has a buy rating and price target of 27 on the stock. Ciena shares are down about

Cisco Tops HP In Blade Servers In Americas

Move over Hewlett-Packard, Cisco Systems (CSCO) is No. 1. Computer networking leader Cisco supplanted HP as the top maker of x86 blade servers in the Americas, according to a report released Wednesday by market tracker IDC. And Cisco’s overall server growth of 39% for the 12 months ended March 31 led all rivals, says the market research firm. HP and IBM (IBM) are the global server leaders, but IBM is in the process of selling its x86 server

Aruba Networks Facing Stiff Competition From Cisco

Aruba Networks (ARUN) stock fell Friday as its Q3 beat and better-than-expected outlook didn’t dispel fear of tough competition. Aruba’s numbers were a mixed bag as the company competes with Cisco Systems (CSCO) and other rivals, Amitabh Passi, an analyst for UBS Securities, said in a research note Friday. Passi cut his price target from 22 to 21. Aruba Networks stock was down 12% in afternoon trading in the stock market today, near 17.50, a