Cisco Systems was founded on December 10, 1984, in San Jose, California by Leonard Bosack and Sandra Lerner, Stanford University researchers. The company develops, manufactures, and sells networking equipment that powers the internet, including routers, switches, and security products used by businesses and service providers worldwide. Today, Cisco has approximately 86,200 employees globally and generated $56.65 billion in annual revenue for Fiscal Year 2025.
Cisco has transformed from a hardware-focused business into a diversified technology provider offering cloud services, cybersecurity solutions, and collaboration tools like WebEx. The company serves enterprise customers, service providers, and small businesses across more than 100 countries. In March 2024, Cisco received unconditional EU antitrust approval for its $28 billion acquisition of cybersecurity firm Splunk, signaling its strategic expansion into data analytics and AI-driven security.
Recent Leadership News
In May 2025, Cisco appointed Mark Patterson as Chief Financial Officer effective July 27, 2025, and Jeetu Patel as President and Chief Product Officer effective May 14, 2025.
Facts compiled by Executive Moves from publicly available news and press releases on 7 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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