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Cisco Eyes Facebook-Fueled Network Boost

Cisco, of course, has already described the positive impact that Facebook has on its business. Last month, the networker's CFO, Frank Calderoni, explained how the Menlo Park, Calif.-based firm is driving a "tremendous amount" of traffic through networks. "Their success helps both of us," he said.

Cisco also sees a big opportunity to sell the ASR 5500 to service providers wrestling with the demands of machine-to-machine technology. This could be, for example, vehicle operators delivering cloud-based information into cars, or healthcare systems linking up to patients' health monitoring systems.

"We think this is a tremendous opportunity to go after, not just connecting people, but connecting machines," said Nemani.

Cisco shares closed up 0.06% at $16.12 on Tuesday.

-- Written by James Rogers in New York.

>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers.

>To submit a news tip, send an email to: tips@thestreet.com.

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