David’s Cisco Networking Blog

Jul 22 2008   9:11PM GMT

Cisco focuses on Russia and CIS

David Davis David Davis Profile: David Davis

It amazes me what a global company Cisco is. How can they focus on China, Russia, and everywhere else in the world, all at the same time?

I found this news interesting, from Cisco’s website:

Cisco recently announced a venture capital investment in Almaz, Russia for $60 million dollars that will focus attention on Russia and The Commonwealth of Independent States (CIS). Essentially, the Almaz partners seek out small and medium sized companies looking for technologies in media and telecommunications. Cisco then pursues startups for these companies. Cisco has already been doing similar ventures in the Russian market with a Russian online company named Ozon.
For more information on this new partnership, please see the Cisco article, Cisco Announces Investment in Venture Capital Fund to Focus on Russia and CIS.

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