In recent months, Cisco has soared to the top of technology news as the leader in transforming communications technology and services. Cisco has accrued over $33 billion in cash with which it has recently began purchasing market share in emerging technologies, storage, video and communications related divisions.
Although Cisco’s focus has always been on switches and routers, for the last couple of years Cisco has reportedly spent almost $5.2 billion each year in Research and Development with astounding results in the development of groundbreaking Telepresence technologies.