On Thursday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.30% to $26.91.
Following a meeting at No.10 Downing Street between UK Prime Minister David Cameron, Business Secretary Sajid Javid, Cisco Chairman and CEO John Chambers, incoming Cisco CEO Chuck Robbins and Cisco UK and Ireland Chief Executive Phil Smith, Cisco has declared a series of planned commitments in the UK that will total over US $1Billion over the next three to five years. The investment will support the next phase of the country’s digitization plans.
This second noteworthy round of activity in the UK follows the $500m commitment made by Cisco in 2011, which has contributed in excess of $5bn in technology and manpower to the UK economy through initiatives such as the British Innovation Gateway (BIG) that assists to foster and nurture UK innovation and entrepreneurship.
The commitment of $150m for Internet of Everything UK start-ups and venture capital equity investments will focus on key priorities for Cisco and the UK. These comprise applications of Internet of Everything (IoE) technologies across the financial technologies, retail, and healthcare industries, and smart city development. In addition, corporate investments will also accelerate innovation in cybersecurity solutions.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. It provides switching products, counting fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and NGN routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.
Shares of FireEye, Inc. (NASDAQ:FEYE), inclined 2.84% to $48.91, during its last trading session.
FireEye, declared it will release financial results for its second quarter 2015 on Thursday, July 30, 2015 after the close of the U.S. markets. FireEye will host a conference call the same day at 5 p.m. ET (2 p.m. PT) to talk about the results.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.
Finally, CNH Industrial N.V. (NYSE:CNHI), ended its last trade with 1.24% gain, and closed at $9.
CNH Industrial, took part in a conference on agricultural technologies held July 8, at Expo Milano 2015. Expo is the largest ever universal exhibition dedicated to food and nutrition where more than 140 participating countries and companies are showcasing their own solutions and technologies to guarantee healthy, safe and sufficient food for all while respecting the Planet and its equilibrium. Together with its sister company, Fiat Chrysler Automobiles, CNH Industrial is a Global Partner of Expo, which is being held in Milan, Italy until the end of October 2015.
CNH Industrial joined the esteemed panel to address its current position regarding agricultural technologies and its vision for the future. Antonio Marzia, Vice President of Precision Solutions & Telematics Operations at CNH Industrial, spoke on behalf of the Company spotlighting its work in the field of precision farming technology. His presentation on the revolution of agriculture technologies highlighted the Company’s global position and leadership in Sustainability.
CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, engines, transmissions, and axles worldwide.
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