Cisco Systems SNSE:CSCOCL Stock Report

Cisco Reportedly in Talks to Buy Airtel-Vi JV Firefly Networks for INR 2,000 Million

Cisco Systems, Inc. (NasdaqGS:CSCO) is in advanced talks to buy out Bharti Airtel Limited (BSE:532454)-Vodafone Idea Limited (NSEI:IDEA)'s WiFi joint venture (JV) for an enterprise value of INR 2,000 million, according to sources aware of the matter. A team of executives from the US technology and networking company was in India last week to finalise the deal negotiations. The Airtel-Vodafone Idea JV was set up in 2014 and named FireFly Networks. However, industry insiders claim the collaboration failed to take off as neither of the partners committed investments to the company. Cisco is likely to retain the existing management of FireFly Networks, which is led by its chief executive officer Raj Sethia, a former Vodafone executive, according to sources cited earlier."Cisco does not comment on rumours," the San Jose, California-headquartered company said in response to ET's queries. Vodafone Idea and Sethia declined to comment. Airtel had not responded to ET's queries until press time.

Upcoming dividend of US$0.38 per share

Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 27 July 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Chilean dividend payers (14%). Higher than average of industry peers (2.5%).

Cisco's Emerging Technology and Incubation Efforts Deliver Free-Tier, API-First Developer Solutions

Cisco unveiled Panoptica and Calisti, the latest additions to Cisco's suite of API-first solutions and tools that result in faster application development cycles, and provide businesses with modern application connectivity, security, and observability that is critical for exceptional digital experiences. The announcement was made at Cisco Live, the premiere networking and security event. Panoptica and Calisti underscore the company's strategy towards managing and securing distributed application architectures, making it possible for developers to programmatically discover, connect, secure, and observe application programming interfaces (APIs), applications, and workloads across the breadth of their cloud journey from born-in-the-cloud use cases on a singular cloud, to hybrid and multi-cloud architectures that span public, private, SaaS, and edge components. APIs are behind the integration of systems, platforms and applications, making it possible to create new business models and streamline strategies for the delivery of products and services across almost every digital channel. Panoptica and Calisti, which are available for free, are part of a new class of open-source, API-first solutions from Cisco. Panoptica—The Cisco Secure Application Cloud, Panoptica helps developers and engineers provide cloud-native security from application development to runtime. A single interface for comprehensive container, serverless, API, service mesh, and Kubernetes security, it scales across multiple clusters with an agentless architecture, and integrates with CI/CD tools and language frameworks across multiple clouds. Calisti—The Cisco Service Mesh Manager, Calisti is an enterprise-ready Istio platform that simplifies connectivity, lifecycle management, and security for microservices in complex, multi-cloud environments. It helps application teams to focus on application logic, and site reliability engineers (SREs) to control and scale, de-risk upgrades, find root causes and monitor service-level objectives (SLOs).

Cisco Launches AppDynamics Cloud to Enable the Delivery of Exceptional Digital Experiences

Cisco Declares Quarterly Cash Dividend, Payable on July 27, 2022

Cisco announced that its Board of Directors declared a quarterly cash dividend of $0.38 per common share to be paid on July 27, 2022, to all stockholders of record as of the close of business on July 6, 2022.