This Day On The Street
Continue to site
ADVERTISEMENT
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 Enters iPad's Domain With Biz Tablet

LAS VEGAS ( TheStreet) -- Cisco (CSCO - Get Report) is the latest tech heavyweight to enter the tablet market, unveiling its Cius technology, a business tablet based on Google's (GOOG) Android operating system.

Speaking at the company's Cisco Live event this afternoon, Cisco CEO John Chambers explained that the tablet will combine high-definition voice and video with telepresence, a form of high-end videoconferencing. "Video is the new voice," he said. "If a picture is worth a thousand words, a multimedia video is worth a million words."

Cisco

The Cius comes with both front-facing and rear-facing cameras and offers customers the ability to produce, edit and share cloud-based content. The tablet also supports Cisco's various communications products such as WebEx and Quad, a form of business collaboration technology. Security is provided by Cisco's AnyConnect Virtual Private Network (VPN).

" It's the ability to bring together what we have talked about in terms of collaboration and security," said Chambers, describing the Cius as "a collaboration platform of the future."

Chambers used his Cisco Live keynote to show how the Cius could be used in education, although the technology is also aimed at businesses looking to link workers based in disparate locations.

Although targeted initially at consumers, Apple's (AAPL - Get Report) iPad has already shown the latent demand for tablet technology within U.S. businesses, and Cisco clearly sees a window of opportunity within corporate America.

Less aesthetically pleasing than the iPad, the Cius nonetheless has a more robust appearance. An optional docking station and speakerphone will also be offered. Playing up the tablet's open-source credentials, Cisco says that the Cius Software Development Kit (SDK) will be made available to the Android community.

It could be some time, however, before businesses get their hands on the Cius. Customer trials of the Cius will begin in the third quarter of this year, with general availability in the first quarter of next year.

Cisco shares retreated with the rest of the tech sector on Tuesday. The company's stock fell 69 cents, or 3.08%, to $21.73, as the Nasdaq dipped 3.17%.

-- Reported by James Rogers in New York

Follow James Rogers on Twitter.

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $132.24 2.00%
CSCO $28.82 0.00%
GOOG $565.06 0.00%
FB $81.59 -1.00%
TSLA $220.65 0.94%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs