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Cisco Systems, Inc. (CSCO), with a market cap of $255.05 billion, designs, manufactures, and sells Internet Protocol-based networking and other products related to the communications and information technology industry. The San Jose, California-based company offers enterprise network security, software development, data collaboration, cloud computing, and other related services.
Companies worth $200 billion or more are generally described as “mega-cap stocks,” and Cisco fits into the category, showcasing its scale, influence, and market presence within the communication technology industry. The company is known worldwide for its data center switching, indoor and outdoor wireless coverage designed for seamless roaming use of voice, video, and data applications, and network security, identity, and access management offerings.