If you have taken even a cursory look at the Data Centre Shop website, you have probably seen mention of Cisco. This American multinational corporation designs, makes and sells networking equipment worldwide and has experienced great success doing so. Furthermore, not only do we at Data Centre Shop focus mainly on… procurement and installation of Cisco products, the company that we are part of – Proxar Ltd – is a Cisco Certified Reseller and Partner. However, if you have only very recently heard of Cisco for the first time, you will likely appreciate a brief introduction to this highly respected company – and this blog post provides just that.
The early years of Cisco
Today, Cisco is among the leading makers of network equipment and has developed a good reputation for the routers, bridges and switches that it provides. However, how exactly did the company reach this stage? Unsurprisingly, it is a long story, but we reckon that we can still effectively summarise it.
The company was founded in San Francisco in California in the United States by two Stanford University computer support staff members, Leonard Bosack and Sandy Lerner, in 1984. Cisco went public with a market capitalization of $224 million in 1990. The company was among the first to sell commercially successful routers that supported multiple network protocols. Between 1992 and 1994, the company acquired several Ethernet switching companies, including Kalpana, Grand Junction and Mario Mazzola’s Crescendo Communications.
Crucial moments in the recent history of Cisco
In the mid-to-late 1990s, Cisco created many products, including modern access shelves and core GSR routers, that soon became crucial to Internet service providers – to the extent that Cisco developed a de facto monopoly in this segment by 1998. In late March 2000, Cisco became the world’s most valuable company, its market capitalization at this time being over US$500 billion. It remains one of the world’s most valuable companies. In the mid-2000s, the company developed a considerable presence in India as it established its Bengaluru-based $1 billion Globalization Centre East.