LEONARDO BOASACK ( Co-founder of Cisco Systems)
LEONARDO BOASACK
( Co-founder of Cisco Systems)
Leonard Bosack is the co-founder of Cisco Systems with his wife Sandy Lerner. Cisco Systems is an American multinational company that designs and sells networking, communications and consumer electronics technology and services. In 2009, he received the 2009 Computer Entrepreneur Award for this and for the commercialization of routing technology and the significant changes it enabled in the computer industry.
With more than $51 billion in revenue and nearly 80,000 employees, CISCO is one of the world's largest technology companies and is 7th on the Fortune 100 list.
He and Lerner experimented with the Stanford network by designing and building routers at home. He and Lerner initially approached Stanford with a proposal to start making and selling routers, but the university turned them down. They then founded their own company and named it "CISCO" after the northern city. Developed by Cisco, the product has been sold by word of mouth since 1986. It was developed in their garage. Cisco managed to win over $200,000 worth of contracts in the first month.
The company controlled more than three-quarters of the router industry when it was valued at more than $6 billion in 1998. He also held key technical leadership positions at Digital Equipment Corporation and AT&T Bell Labs.
He was inspired by the belief that data transfer rates could be increased with devices that consume less power, occupy less space, and require less cooling, exploiting the natural but often unused physics of fiber-optic components. As a result, he became a key figure in the emerging web technology led by the United States.
KHUSHI VISHWAKARMA
T.Y.B.Sc.(I.T.)
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