Networking this Week: All Cisco, All The Time

It was a big week for Cisco: A big product rollout, solid earnings, and the arrest of hacker who stole its source code.

May 13, 2005

3 Min Read
Network Computing logo

No matter where you turned this week, there was Cisco: A whopper of a product announcement, solid quarterly earnings, and the arrest of a hacker who had stolen its source code .

Cisco's big announcement gave networking managers two big options for improving the secure of their networks. The networking giant announced a new line of dedicated security appliances that combine a firewall, VPN, intrusion prevention, and anti-virus technologies into a single device; and also new integrated-services routers that combine security capabilities with network routing and switching.

By mid-week, though, it was all about the money. It was time for Cisco's quarterly earnings, and the results, in the words of Cisco honcho John Chambers, were "solid." --- profits up 16 percent and revenue up 10 percent.

Chambers noted that IP telephony contributed $1 billion in revenue, for a 35 percent year-over-year growth for that technology. It was the first quarter that IP telephony had crossed the $1 billion point. Chambers claimed that Cisco will soon be the largest provider of overall enterprise telephony. He also noted that Cisco's service provider market segment experienced "outstanding performance," was Cisco's fastest growing segment for the quarter, and was up 20 percent compared to last quarter, and up 25 percent year to year overall.

Later in the week, the FBI announced the arrest of a hacker who Cisco claimed had stolen a portion of Cisco's Internetworking Operating System version 12.3. Previously, the New York Times had reported that federal officials and security pros said the theft was part of a wide pattern of thousands of attacks on military and research computers across the world.There was plenty of other news this week as well, including some eye-opening surveys. A Harris Interactive survey found that over half online adults said they had broadband access at home, compared to 37 percent in December of 2003.

And an Infonetics Research report found that the Ethernet services market doubled in 2004 to $2.5 billion in revenues and would take a 276 percent leap to $22.2 billion by 2009.

Naturally, there was also plenty of VoIP news. VoIP heavyweight Vonage raised another $200 million in financing, ringing the total investment in the company to $408 million.

EMarketer Inc. said that this was the year that VoIP would hit the mainstream, with the growing use of broadband by U.S. households being a key driver.

And the Cyber Security Industry Alliance (CSIA) called on Congress to include security recommendations related to securing voice over IP (VoIP) technologies as it reviews the 1996 Telecommunications Act.Links in This Story

Cisco Packs Security Options Into Appliances

Cisco's Profits Rise 16%, Revenue Up 10%

Cisco Confirms Arrest In Theft Of Its Code

Over Half Of Online Adults Use Broadband At Home Ethernet Services Market To Hit $22.2 Billion By 2009: Report

raised another $200 million

Internet Telephony Could Go Mainstream This Year

Alliance Asks Congress To Consider VoIP Vulnerabilities In Updated Telecom Act

Networking Pipeline's News section0

SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like


More Insights