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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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