Cisco Systems, Inc. is an American company in the telecommunications industry. It is primarily known for its routers and switches, which are used by a substantial part of the Internet backbones. Cisco was founded in December 1984 by a group of scientists (primarily Leonard Bosack and Sandy Lerner) from Stanford University near San Francisco.
According to Cisco's latest financial reports the company has ยฃ35.13 Billion in net assets. A companyโs net assets is the sum of its assets minus the sum of its liabilities.