- The new hardware, which took four years and $200M to develop, is aimed at helping communications carriers deal with rising traffic. The technology offers a sixfold leap in capacity over existing products.
- The new router is called the ASR 9000 and it has the ability to move 6.4 terabytes per second of traffic, which is the equivalent of 250K digital songs or 200 feature-length movies a second.

Other headlines for [CSCO]

• JNPR Yesterday 11:36am
  Juniper Networks Sources say Google considering dropping JNPR routers in favor of building its own - Gizmodo- According to various SD Times sources, including one inside Cisco, Google is exploring the idea of dumping more...
  
• CSCO 1/7/2009 08:39am
  Cisco Systems Inc States that current turbulence at Satyam should not affect business- Reminder: Earlier in session, SAY: Chairman Ramalinga Raju resigns following accounting scandal
  
• CSCO 1/6/2009 10:51pm
  Cisco Systems Inc On Tuesday, the company's options trading was twice the normal level - WSJ- Traders showed a preference for 81K calls, while 57K puts traded. - There was considerable activity around Jan calls.
  
• CSCO 1/6/2009 07:01am
  Cisco Systems Inc Merrill making positive comments; Thinks now is the time to Buy- Merrill thinks the sellside has started baking in extremely negative scenarios, while the reality could be somewhat better. - more...
  
• CSCO 1/2/2009 10:14am
  Cisco Systems Inc Hearing shares of CSCO, NETL, FFIV downgraded to neutral from buy rating at Pacific Growth (timing uncertain)
  

Technology sector headlines

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• LOGI Today 06:13am
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• ASM.NV Today 05:26am
  ASM International CEO: Vertical furnace production is difficult at low margins - conf call- Seeks to increase front-end profitability
  
• SIE.GE Today 04:08am
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