Critics Carp At Cisco; Chambers Shrugs
News Dzubeck thinks Cerent's technology, which connects fibre-optic networks and other kinds of networks, won't be as important two years down the road. Cisco spent $6.86bn (£4.25bn) in stock to buy Cerent and another $501m to buy Monterey Networks.
[August 27, 1999, 8:47]
The Bank Of Dell Is Now Open
News Among its hits: Cerent, a tiny networking-equipment maker that Cisco Systems has just agreed to buy for $6.4bn in stock. MSD's other late-stage investments include Cerent and Top Layer Networks. Cerent, a highly regarded networking company backed...
[August 26, 1999, 16:15]
The Day Ahead: Cash Cow Cisco Whets Acquisition Appetite
News Cisco, which generates $400m in cash a month, had to acquire Cerent and Monterey Networks last year even though the companies barely had product or revenue. It also closed the purchases of Cerent Corporation, V-Bits, and WebLine Communications.
[February 9, 2000, 14:58]
Cisco Plows Past Second-quarter Estimates
News During the quarter, Cisco completed its $7.15bn purchase of Cerent, a closely held maker of fiber-optic equipment and also agreed to acquire the optical-equipment unit of Pirelli of Italy for $2.15bn.
[February 9, 2000, 11:18]
The Day Ahead: Lucent Ups Fibre Optic Ante
News Last year, Cisco gobbled up Cerent and Monterey Networks before they had a chance to go public. Lucent Technologies entered the fibre optic game with its $4.5bn acquisition of privately held Chromatis Networks, which makes metro optical networking...
[June 1, 2000, 12:14]
Cisco 'winds Down' Wireless Chipsets
News Some of these worked out well: the company has used technology from optical start-up Cerent, bought in 1999, to develop the cornerstone of its optical portfolio, the ONS 15454, which is a next-generation SONET/SDH switch used to carry traffic in...
[February 2, 2004, 10:05]
Cisco Says Sales Outlook Brightening
News Carl Russo, vice president for Cisco's optical networking group and formerly chief executive at Cerent, told attendees at a Thomas Weisel Partners investment conference, here, that Cisco has "improved visibility" now that most carriers have...
[March 7, 2001, 9:21]
The Day Ahead: Can Things Get Even Better For Cisco?
News Nortel claims top spot in the market, but Cisco said it will have new products "one after another" from its Monterey, Cerent and Pirelli units. Executives even shed a little bit of their "healthy paranoia" to hint that things could get better.
[August 9, 2000, 13:28]
