SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Zoltan! who wrote (28869)10/26/1999 8:54:00 AM
From: Curtis E. Bemis  Respond to of 77400
 
Cisco acquires Tasmania--Web caching

marketwatch.newsalert.com

Cisco Systems to Acquire Tasmania Network Systems; Extends Cisco's Commitment to Network Caching Market
Business Wire - October 26, 1999 08:47
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 26, 1999--Cisco Systems, Inc. today announced a definitive agreement to acquire privately-held Tasmania Network Systems, Inc. of San Jose, Calif. Tasmania is a leading developer of network caching software technology. This acquisition underscores Cisco's commitment to offer its service provider and enterprise customers leading edge content networking services, including content-aware network caching. Tasmania technologies will be integrated into Cisco's current Cache Engine 500 series products.



To: Zoltan! who wrote (28869)10/26/1999 10:59:00 AM
From: elmatador  Read Replies (1) | Respond to of 77400
 
Cisco buys software start-up in $25 million deal
By Melanie Austria Farmer
Staff Writer, CNET News.com
October 26, 1999, 7:35 a.m. PT
Cisco Systems today said it has agreed to buy start-up Tasmania Network Systems in a stock deal worth $25 million.

Cisco said it will integrate Tasmania's content network caching software into its current Cache Engine 500 product line. Network caching speeds up content delivery and overall network performance by storing frequently accessed information where the user can get to it fast, decreasing long download times.

Quote Snapshot

CSCO 67.75 +1.25


Enter symbol:

ú Symbol Lookup

More from CNET Investor
Quotes delayed 20+ minutes

Today's acquisition marks Cisco's latest buy after the company announced plans to accelerate its buying spree and make more than 20 purchases in the next year.

Under the terms of the agreement, Cisco said it will exchange its common stock worth $25 million for all outstanding shares, warrants, and options of Tasmania. The networking giant said the acquisition will result in a one-time charge after taxes in its second quarter of fiscal year 2000.

San Jose, California-based Tasmania, founded this year, said its 16 employees will join Cisco's new content services business unit. The acquisition has been approved by the boards of each company and is subject to approval by Tasmania shareholders, the companies said.

My Comments: This is next next gen stuff. CSCO is inching in towards the server. I still expect CSCO to kove into Server Area Networks (SAN)



To: Zoltan! who wrote (28869)10/26/1999 5:04:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 77400
 
Cisco had better stay on top with the growth rate,
because, if there is a glitch, watch out! Trades at
100PE.



To: Zoltan! who wrote (28869)10/27/1999 9:23:00 AM
From: Curtis E. Bemis  Respond to of 77400
 
Ciscos Steve Smith, Marketing Director for BB and Wireless,
to be on RadioWallStreet, today-

marketwatch.newsalert.com

Cisco Systems Director of Marketing to Interview On RadioWallStreet Internet Broadcast
Business Wire - October 27, 1999 09:05
PHILADELPHIA--(BUSINESS WIRE)--Oct. 27, 1999--Cisco Systems, Inc. (NASDAQ: CSCO) Director of Marketing in Broadband and Wireless, Steve Smith, will be interviewed on RadioWallStreet Wednesday, October 27, 1999 at 11:30 AM EDT, Investor Broadcast Network announced.

The interview will address the company's Industry Standard drive in Wireless Internet Services. Conducting the interview will be Ann Sundius, Commentator with RadioWallStreet.

To access this RadioWallStreet broadcast, investors should go to radiowallstreet.com. If you are viewing this release after the day of the event, you will find this interview in the "All Recent Shows" section of the website.

RadioWallStreet is an Investor Broadcast Network service that broadcasts senior executive interviews, analyst roundtable discussions, seminars and other events of interest to the investment community. RadioWallStreet events are open to the investing public and may be heard over the Internet.

Questions for this RadioWallStreet event may be submitted in advance by e-mailing greg@vcall.com. Please reference date and time in the Subject of the e-mail.

CONTACT: Investor Broadcast Network, Philadelphia
Greg Kettler, Executive Producer,
717/396-1116 ext. 304