Cisco News came
in when it announced it would invest US$ 100 million in Australia in the form
of an innovation fund. The decision was made taking into account the country’s
capacity to be a leading innovation and development center especially in the
sector of mining and minerals. In
addition to this, Ken Boal, the Vice president of Cisco New Zealand and
Australia said the funds would be allocated to best projects globally and not
particularly in a country.
The Cisco share Price
is currently trading at $21.64 down 0.8% from last night’s closing price which
was $21.83. The Cisco Stock price
has Depreciated 3.5% since