History of Cisco Systems

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Cisco Systems

          "Cisco Systems", an American technology company operating worldwide, is best known for its computer networking products. Cisco didn't become a household name as a company that mostly sold its products to other businesses, but in the second decade of the 21st century, it became one of the largest companies in the United States. Cisco was founded in 1984 and is headquartered in San Jose, California.

Cisco Systems was founded by Leonard Bosack and Sandra Lerner. A married couple 🤵👸 (later divorced) 🤨 met each other while studying at Stanford University. After graduating in 1981, he worked at the school and managed the computer facilities of two different departments. Bosack found a way to connect their computer networks using technology developed by other Stanford employees in the 1970s. 🧐 He and Lerner recognized that the router's technology, as it was called, could be very cost-effectively adapted for large-scale use outside the university. In December 1984, the two founded Cisco Systems (originally spelled “Cisco Systems”), the company's name from the city of San Francisco. Stanford eventually licensed its proprietary software to Cisco.

            

In 1985, Cisco sold its first product, a network interface for Digital Equipment Corporation computers. Its first big success, a router that served multiple network protocols, came the following year. When they needed money to expand, the founders turned to venture capital firm Sequoia Capital. Sequoia took effective control of the company in late 1987 and appointed John Morgridge as president and CEO in 1988. Shortly after Cisco sold its first stock to the public in 1990, Lerner was fired, and Bozak later left.