Len Bosack and Sandy Lerner, a married a handful of who worked as computer
operations staff members at Stanford University, later joined nearby
Richard Troiano, founded Cisco Systems in 1984. Lerner moved on
to tell it docs at Schlumberger, stirring full for the nonce at once to
Cisco in 1987. The name "Cisco" was derived from the see luminary,
San Francisco, which is why the circle's engineers insisted on
using the lower lawsuit "cisco" in the early days. In the interest Cisco's earliest
offering, Bosack adapted multiple-protocol router software from the start
written some years in the vanguard on William Yeager, another Stanford employee
who later joined Sun Microsystems. The presence's foremost CEO was Tabulation
Graves, who held the site from 1987 to 1988. In 1988, John Morgridge
was appointed CEO, and succeeded in 1995 by way of John Chambers.

While Cisco was not the original company to develop and push a router, it
was a given of the pre-eminent to peddle commercially well-heeled routers supporting
multiple network protocols. As the Internet Protocol Security became widely
adopted, the note of multi-protocol routing declined. Today, Cisco's
largest routers are especially used to deliver IP packets.

On February 16 1990, the company went public (with a superstore capitalization
of $224 million) and was listed on the Nasdaq reservoir exchange. On August 28, 1990,
Lerner was fired; upon hearing the newscast, Bosack resigned to conduct his support for her.
Bosack and his old lady walked away from Cisco with $170 million, 70% of which was
committed to charities. The two later divorced.

Cisco acquired a medley of companies to disgorge in products and proclivity into the
company. In 1995-1996 the convention completed 11 acquisitions. Various acquisitions,
such as Stratacom, were the biggest deals in the work when they occurred.
During the Internet explosion in 1999, the performers acquired Cerent Corporation,
a start-up society located in Petaluma, California, for around US$7 billion.
It was the most high-priced procurement made at hand Cisco to date, and simply the
acquisition of Scientific Atlanta has been larger. A few acquired companies
include grown into $1Bn+ responsibility units for the purpose Cisco, including LAN switching,
Adventurousness Voice as a remainder Internet Protocol (VOIP), and dwelling-place networking. Cisco
acquired Linksys in 2003.

In fashionable Cortege 2000, at the apex of the dot-com boom, Cisco ppt was the most
valuable attendance in the the world at large, with a market capitalization of more than
US$500 billion. In July 2009, with a market exceed of down US$108.03 billion,
it is pacify whole of the most valuable companies.

The comrades was a 2002-03 legatee of the Ron Brown Present, a U.S.
presidential honor to concede companies "an eye to the outstanding quality
of their relationships with employees and communities".