Len Bosack and Sandy Lerner, a married yoke who worked as computer
operations staff members at Stanford University, later joined by
Richard Troiano, founded Cisco Systems in 1984. Lerner moved on
to govern network ppt at Schlumberger, compelling full time to
Cisco in 1987. The delegate "Cisco" was derived from the see luminary,
San Francisco, which is why the circle's engineers insisted on
using the put down if it happens "cisco" in the prehistoric days. As a service to Cisco's pre-eminent
product, Bosack adapted multiple-protocol router software from the beginning
written some years in the vanguard nearby William Yeager, another Stanford worker
who later joined Sun Microsystems. The presence's earliest CEO was Banknote
Graves, who held the placement from 1987 to 1988. In 1988, John Morgridge
was appointed CEO, and succeeded in 1995 by John Chambers.

While Cisco was not the original convention to expose and sell a router, it
was a given of the pre-eminent to peddle commercially in the money routers supporting
multiple network protocols. As the ip Documents became everywhere
adopted, the account of multi-protocol routing declined. Today, Cisco's
largest routers are from reach-me-down to transport IP packets.

On February 16 1990, the retinue went societal (with a stock exchange capitalization
of $224 million) and was listed on the Nasdaq stock exchange. On August 28, 1990,
Lerner was fired; upon hearing the newscast, Bosack resigned to express his reinforce 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 bring in products and tendency into the
company. In 1995-1996 the company 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 company acquired Cerent Corporation,
a start-up firm located in Petaluma, California, in the course of on every side US$7 billion.
It was the most up-market acquisition made nearby Cisco to boy, and only the
possessions of Well-controlled Atlanta has been larger. A few acquired companies
be undergoing grown into $1Bn+ business units after Cisco, including LAN switching,
Adventurousness Utter as a remainder Internet Etiquette (VOIP), and home networking. Cisco
acquired Linksys in 2003.

In late March 2000, at the crest of the dot-com boom, Cisco ppt was the most
valuable friends in the crowd, with a superstore capitalization of more than
US$500 billion. In July 2009, with a hawk lid of down US$108.03 billion,
it is pacify one of the most valuable companies.

The company was a 2002-03 recipient of the Ron Brown Present, a U.S.
presidential honor to accept companies "an eye to the meritorious blue blood
of their relationships with employees and communities".