On Friday evening, a jury ruled that Cisco owes patent licenser XpertUniverse Inc $70 million in damages for obtaining patented technology in a fraudulent manner, Reuters reported. The jury ruled that Cisco owed an additional $34,000 for violating two XpertUniverse patents, as well.
Another day, another Cisco acquisition. The networking giant said today in a blog post that it intends to acquire Cognitive Security, a small privately-owned security firm based in Prague, Czech Republic. The company focuses on network security research and applying artificial intelligence techniques in order to detect advanced cyber-threats.
In comments, Cisco head of corporate business development Hilton Romanski, who heads up the company's mergers and acquisitions, said:
Previous reports of Cisco looking to sell its home router division have turned out to be true.
It was announced on Thursday afternoon that Belkin is planning to acquire Cisco's home networking business unit, which includes the Linksys brand.
The U.S. and China are likely to resolve the conflict over potential security threats from Huawei Technologies' network equipment without a trade war, Cisco Systems chairman and CEO John Chambers said on Tuesday.
Cisco has issued a patch to address a security flaw whoch could allow an attacker to bypass password protections in its Access Control System (ACS) platform.
The company said that the update would install a revision to the ACS platform, specifically the handling of the TACAS+ security protocol.