Weekly News Roundup: Cisco Systems Inc. (NASDAQ:CSCO)

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Here’s a round-up of Cisco Systems Inc. (NASDAQ:CSCO) stock briefings from this week. Cisco Systems Inc. (NASDAQ:CSCO) shares ended the week at 20.81 (as of 8/27/2010).

Weekly News Roundup: Cisco Systems Inc. (NASDAQ:CSCO)

Monday 23 August

Cisco (NASDAQ:CSCO) will expand its talent recruitment reach in October 2010 by creating a training program at Cambodia’s University of Management and Economics. Cisco (NASDAQ:CSCO) plans to enroll approximately 1,500 students.

“Our collaboration with Cisco Networking Academy is exciting, as it will build the skill level of our future workforce in the provinces and lead to Cambodia becoming a knowledge economy,” said His Excellency Pheakdey Tun, president of the university.

Thursday 26 August

There have been a flurry of tech acquisitions recently, and it looks like Cisco Systems (NASDAQ:CSCO) may be next to the register, wanting to buy ExtendMedia.

ExtendMedia, the software based Content Management Systems [CMS] provider, can help with the complete lifecycle of a video for multiple purposes including paid monetization and ad-based businesses.

Senior vice president and general manager, Cisco’s Service Provider Video Technology Group Enrique Rodriguez said that “As the video market transitions and consumers expect multi-screen engagement, service providers are enhancing their infrastructure to manage and deliver video to any device while providing a rich user experience.”

We will continue checking the Cisco Systems Inc. (NASDAQ:CSCO) stock level for developments over the next couple of weeks.


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