As a publicly traded company, Cisco is largely

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A Brief History of Cisco
Sandy Lerner and her husband Leonard Bosack Lerner founded Cisco in 1984. Before that, the couple (later divorced) worked at Stanford University, where they managed the computer facilities of two different departments at the university. The couple was inspired to start Cisco after successfully connecting the computer networks of two different departments at Stanford using a specialized router. At the time, such a connection was difficult to set up.

In 1986, Cisco sold its first product, a multiprotocol router that could connect several computer networks. hong kong phone number data Immediately after its launch, it was in high demand. Cisco made a lot of money with its first product, but it was not enough to expand the company's products. As a result, Cisco sought financial support from Sequoia Capital, a venture capital firm, in 1987 to get money for expansion.

In 1988, John P. Morgridge joined Cisco as CEO of the company. Morgridge grew Cisco from a revenue of $5 million to a revenue of more than $1 billion. Under his leadership, the number of employees within the company also grew so rapidly. Morgridge took Cisco public in 1990.

Who Owns Cisco
owned by institutional investors such as The Vanguard Group, State Street Corporation, and BlackRock. Currently, The Vanguard Group is Cisco's largest shareholder , although it is important to note that Cisco's ownership structure is constantly changing as shareholders buy and sell the company's stock. All of Cisco's major shareholders can vote on important decisions that affect the company. For example, they can influence decisions regarding acquisitions and mergers. However, shareholders do not oversee the day-to-day operations of the company. The company's management team is responsible for the day-to-day operations. The company's current CEO is Chuck Robbins. He is also one of the company's shareholders.