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Cisco John Chambers Cisco Systems, Inc. (NASDAQ:?CSCO, SEHK: 4333) is an American-based multinational corporation that designs and sells consumer electronics, networking and communications technology and services. Headquartered in San Jose, California, Cisco has more than 65,000 employees and annual revenue of US$40.0 billion as of 2010. While Cisco was not the first company to develop and sell a router, it was one of the first to sell commercially successful routers supporting multiple network protocols. As the Internet Protocol (IP) became widely adopted, the importance of multi-protocol routing declined. Today, Ciscos largest routers are primarily used to deliver IP packets. Cisco acquired a variety of companies to bring in products and talent into the company. Several acquisitions, such as Stratacom, were the biggest deals in the industry when they occurred. During the Internet boom in 1999, the company acquired Cerent Corporation, a start-up company located in Petaluma, California, for about US$7 billion. It was the most expensive acquisition made by Cisco to date, and only the acquisition of Scientific-Atlanta has been larger. Several acquired companies have grown into $1Bn+ business units for Cisco, including LAN switching, Enterprise Voice over Internet Protocol (VOIP), and home networking. Cisco acquired Linksys in 2003. In this industry, 90% of the acquisitions failed, but 70% of Cisco’s acquisitions are successful. In late March 2000, at the height of the dot-com boom, Cisco was the most valuable company in the world, with a market capitalization of more than US$500 billion. In July 2009, with a market cap of about US$108.03 billion, it is still one of the most valuable companies. John T. Chambers (born August 23, 1949) is Chairman of the Board and CEO of Cisco Systems, Inc. Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations. Since January 1995, when he assumed (担任职务) the role of CEO, the company has grown from $