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Cisco shares plunge 4% after a report says Amazon could go after Cisco's core networking business

8 days ago   |   By Business Insider

Cisco shares dropped on Friday after tech news outlet The Information reported that Amazon is considering making it's own networking hardware.
The move would directly go after Cisco's core networking business.
Networking companies Arista Networks and Juniper Networks also saw their shares drop in response to the report.
Cisco shares plunged more than 4% on Friday after the Information reported that Amazon Web Services may be going after the company's core business.
According to The Information, Amazon is considering building its own data center network switches - devices that could compete...
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Cisco sinks on report Amazon wading into networking equipment

Cisco sinks on report Amazon wading into networking equipment

8 days ago   |   By Reuters

Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc's cloud services business was considering selling its own network switches to business customers at much lower prices.
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Amazon's cloud unit plans to sell own networking switches: The Information

8 days ago   |   By Reuters

Amazon.com Inc's cloud services business is considering selling its own networking switches to business customers, the Information reported on Friday.
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