tech:

taffy

Cisco To Cut 1300 Jobs Worldwide

[Techtaffy Newsdesk]

Cisco Systems is planning to eliminate about 2 per cent of its global headcount, which would impact roughly 1,300 jobs worldwide. The company said it is  working on “a focused set of limited restructurings” and added that the process was “part of a continuous process of simplifying the company.”

Cisco announced the job cuts by an official statement emailed to members of the media.

[Image Courtesy: Cisco]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.