Cisco to acquire Meraki for $1.2 billion

American information technology firm Cisco said it will acquire Meraki Inc., a leader in cloud networking, in a deal worth $1.2 billion.

Cisco CEO's pay package dipped 9 pct in past year

(AP)—Cisco Systems Inc. trimmed CEO John Chambers' pay package for the past fiscal year by 9 percent as concerns about growth at the maker of computer networking equipment weighed on its stock.

Square raises $200 mn to expand mobile platform

Square, the tech startup which allows small businesses to take payments through smartphones, said Monday it has raised $200 million as it gears up for global expansion.

Cisco to buy video tech company NDS for about $4B

(AP) -- Cisco Systems Inc. is buying digital video technology company NDS Group Ltd. for about $4 billion to enhance its video offerings to pay-TV providers and expand in emerging markets.

Tablet computers added to British inflation 'basket'

Tablet computers like Apple's iPad and Samsung's Galaxy Tab have been added into the basket of goods used to measure official British inflation, the Office for National Statistics said Tuesday.

Cisco challenges Microsoft takeover of Skype in EU

Networking company Cisco said Wednesday that it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

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