Majitek, Australian headquartered provider of software platforms for next generation service providers, today confirmed completion of a US$7.5 million round of equity funding with global networking company, Cisco Systems, coming into the company as a shareholder.
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As the global recession bites deeper, the recently ended second fiscal quarter for Cisco brought home some harsh realities for the networking giant, with both revenues and earnings suffering sharp falls.

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Tuesday, 03 February 2009 04:02

WatchGuard tips out Cisco at NNTT

Secure networking provider WatchGuard Technologies has been chosen to supply the National Native Title Tribunal (NNTT) with a secure site-to-site Virtual Private Network, in the process kicking out the incumbent supplier Cisco.

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