This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cisco Refreshes its Routers

NEW YORK ( TheStreet) -- In an effort to keep up with enterprises' ever-growing data demands, Cisco (CSCO - Get Report) unveiled several new routers on Monday.

At the Cisco Live! event in Orlando, the San Jose-based networking giant unveiled the Cisco ISR 4451-AX, the ASR 1000-AX and 4500E Supervisor Engine 8E and the Catalyst 6800 Switch Series. The 4451-AX is available immediately, while the others are available later this year.

"The network is more important than ever before in enabling the user experience in today's applications. Network intelligence, simplicity and innovation will be the key factor in unlocking new business opportunities and competitive differentiation for our customers." said Rob Soderbery, senior vice president and general manager, Cisco Enterprise Networking Group in the press release. "Today's launch of the Catalyst 6800, Catalyst 4500 Supervisor 8E, ISR 4451-AX and ASR1000-AX demonstrate how Cisco's Enterprise Network Architecture is delivering against these promises."

The increased performance from the routers allows Cisco's Open Network Environment (ONE) strategy to expand in scope, allowing the devices to become open and programmable.

A major part of the ONE strategy is allowing developers to create applications using the onePK API toolkit for business applications. "This open API combined with the control services layer, allow application developers to view the network as a single entity, so they can write applications once and run them across multiple network environments whether wired or wireless, with consistent application performance," the company said in a press release.

The One architecture also lets the "Internet of Everything" help organizations expand network visibility, intelligence and size.

Shares of Cisco closed lower in Monday trading, off 1.8% to $24.04.

-- Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CSCO $27.32 0.00%
AAPL $117.81 0.00%
FB $105.45 0.00%
GOOG $750.26 0.00%
TSLA $231.61 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs