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Cisco Systems is the worldwide leader in IP (or Internet Protocol)
networking solutions. Its two principal products are routers and switches, the devices which between them form the bedrock
of the internet. In fact, without Cisco there would arguably be no such thing as the internet as we know it today. The group
remains a key player in this sector, and has also expanded into other developing markets, such as video conferencing and
internet security. In 2005, the group acquired Scientific Atlanta, a maker of set-top boxes for cable. Although
traditionally a business-to-business supplier, Cisco is also pushing hard into the consumer market, through subsidiary
Linksys, which markets a variety of home networking, wifi and VoIP devices. It acquired the Flip digital camcorder
business in 2009.
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Competitors: see IT Sector index for other IT companies.
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