According to a new survey, about 93 percent of the workers and IT professionals in India want mobility and work flexibility while the figure was about 60 percent across the world.

Cisco has publicized the takeover of Content Management Systems (CMS) service provider ExtendMedia for an unstated amount.

Reports claim that ExtendMedia offers technology solutions and at the same time aides service providers to deliver video content on the basis of actual pay media and ad-supported business models.

Cisco on Wednesday saw a crushing blow to the rates of its shares in the after hours trading after the company reported its loss in earnings. CEO of the company, John Chambers also sounded exasperated when he stated that he has no idea about the areas where the economic growth is right in the company.

Cisco Systems finally filled the position of chief technology officer (CTO) after taking the former Sun Microsystems employee Lew Tucker in the Cisco family.

According to market insiders this move is aimed at expanding the cloud computing service markets at the same time promoting its Unified Computing System (UCS) business line among cloud-based service providers.

A recent finding states that two-thirds of workers do not abide by the company security protocols and continue to use unauthorised social networking platforms and personal devices at work, as per the reports laid by Insight Express.

The poll revealed that close to 68 per cent of employees used social networks during work hours. And approximately forty-seven per cent made use of the unsupported collaborative software to access the sites.

Red Hat and Cisco Systems have readied for a joint alliance which shall expand their virtualization network offerings.

Red Hat is known as a leading provider for open source solutions. It seeks to integrate its Red Hat Enterprise Virtualization (RHEV) software with the virtual network link or the VN-Link technology offered by Cisco.

Cisco pledges the Russian president Dmitri Medvedev a financial investment of $1 billion to help develop Moscow's answer to the need of IT solutions.