Cisco to open China R&D center

By Derek Sooman on September 23, 2004, 10:39 AM
Cisco Systems, Inc is to open a R&D center in Shanghai, China, it was revealed today. This move demonstrates the continued efforts by Cisco and other networking equipment vendors to establish a bigger presence in Asian markets. Cisco plans to invest an initial $32 million investment in the R&D center over the next five years, and will hire approximately 100 employees over the next 18 months. The center should open in Q3 2005.




Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.