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Cisco Cutting 1,100 More Jobs, Forecasts Revenue Decline

Scott Ferguson
More from Scott Ferguson
The day after appointing a new CEO, Rackspace announced that it's acquiring TriCore Solutions and will start offering enterprise application management to customers.
Red Hat has inked a deal to acquire Codenvy for an undisclosed sum, and will add its technology to its OpenShift.io environment.
Rackspace has picked EarthLink CEO Joe Eazor as its new chief executive after Taylor Rhodes left the company in early May.
Cisco is releasing a new IoT management platform that promises to fix the high rate of IoT failures. It's also partnering with Microsoft on edge computing.
IBM is looking to bring a new database-as-a-service offering to its private cloud users, giving them access to a range of services, including MongoDB, PostgreSQL and MySQL.
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