Cisco Growth With The Help Of Videos

Cisco Growth With The Help Of Videos

15th December 2009

Two years have passed since the time the audience was told by John Chambers, who is the CEO of Cisco, during a show of Consumer Electronics that the video is considered to be the next wave for the Internet in the coming times. Also at the annual financial conference of Cisco, evidence was also presented by Chambers that they have been executing well against this particular claim. The company has been preparing well in order to establish the ongoing drive for video, and during the same time it's moving towards virtualization as well as towards collaboration.

It was also said by Chambers that video as well as collaboration are considered to be two of the very important moves which would be made by the company during the current year. He further said that the new generation will be greatly inspired by the video and will be around it.

Cisco has the support of an amount of $35 billion plus cash war chest and it also has made some of the major acquisitions for the company during the previous few months. The company also promises to have more of the acquisitions in the future. Cisco is wrapping up an acquisition worth $3.4 billion from the videoconferencing firm called Tandberg.