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Cisco Product Bookings Boom As Component Shortages Continue To Impact Tech Giant

Cisco Systems posted its biggest product bookings quarter in more than a decade and strong 2021 earnings, but Cisco isn't immune to supply chain issues, according to Cisco CEO Chuck Robbins during Cisco's Q4 2021 earnings call on Wednesday.

Cisco product orders soar despite component shortages

Cisco Systems had its largest product bookings quarter in more than a decade, proving that enterprise IT spending is bouncing back from the COVID-19 pan.

Cisco acquires events technology startup Socio Labs

Cisco Systems has completed its acquisition of events technology startup Socio Labs for an undisclosed sum, the companies announced on Thursday. The networking giant said that Socio’s technology will now be integrated into Cisco’s popular collaboration platform, Webex, to strengthen its event hosting and large-scale conferencing capabilities. Privately-held Socio Labs said its customers include Google, Microsoft, PepsiCo and Hyundai. Socio Labs offers an event technology platform that gives meeting organizers the tools to host in-person, virtual or hybrid events of any size and format, according to the Indianapolis-based company. Together inside the Webex portfolio, event organizers will be able to create experiences that are inclusive for virtual and in-person attendees of any kind of event, Cisco said. The single platform will let event planners include highly customizable branded registration and ticketing experiences, collect data about attendees, and highlight sponsors an

Cisco Closes Socio Labs Buy In Effort To Boost Webex Events

Cisco Closes Kenna Security Buy For Added Vulnerability Management