Cisco to buy privately held network software company
Cisco Systems Inc said it will buy privately held network traffic-management software maker Cariden Technologies Inc for about $141 million in cash.
By HT Correspondent | Reuters
UPDATED ON NOV 30, 2012 12:28 PM IST
Cisco Systems Inc said it will buy privately held network traffic-management software maker Cariden Technologies Inc for about $141 million in cash.
Cariden will be integrated into Cisco's service provider networking group unit, Cisco said.
California-based Cariden supplies network planning, design and traffic management solutions for telecommunications service providers.
This is Cisco's third acquisition in November. Earlier this month Cisco said it will buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy.
Cisco shares were slightly up at $18.91 in trading before the bell on Thursday after closing at $18.83 on the Nasdaq on Wednesday.
Goldman’s consumer chief Ismail Makes shock exit for Walmart
Posted by Prashasti Singh | Bloomberg
PUBLISHED ON FEB 28, 2021 08:44 PM IST
David Stark, one of his top lieutenants at Goldman will join him, the people said, asking not to be identified as the moves haven’t been announced.
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By hindustantimes.com | Edited by Mallika Soni
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By hindustantimes.com | Edited by Arpan Rai, New Delhi
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AFP
PUBLISHED ON FEB 28, 2021 04:04 PM IST
Data from the Australian National University released Sunday showed direct investment plunged to US$800 million last year, from US$2.05 billion in 2019.
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By hindustantimes.com | Edited by Mallika Soni
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PTI, New Delhi
PUBLISHED ON FEB 28, 2021 03:22 PM IST
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Saudi shares drop as US pins Khashoggi murder on crown prince
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PUBLISHED ON FEB 28, 2021 02:29 PM IST
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PTI
PUBLISHED ON FEB 28, 2021 01:35 PM IST
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PUBLISHED ON FEB 28, 2021 10:27 AM IST
Of the total respondents, 52 per cent were from rural areas and the rest from urban limits.
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UK govt to set $7 billion program to help struggling firms
Bloomberg
PUBLISHED ON FEB 28, 2021 06:01 AM IST
The UK is set to create a 5 billion-pound ($7 billion) grant program to help businesses that have been hard hit by the pandemic.
US Prez Biden urges quick Senate action on huge stimulus package
Posted by Harshit Sabarwal | AFP
UPDATED ON FEB 27, 2021 11:45 PM IST
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Bloomberg
UPDATED ON FEB 27, 2021 08:52 PM IST
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AP
PUBLISHED ON FEB 27, 2021 08:39 PM IST
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Reliance partners with Google, Facebook for digital payment network bid
Reuters, New Delhi
PUBLISHED ON FEB 27, 2021 05:12 PM IST
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