Apple partners with Cisco to boost enterprise business
Reuters
Published Aug 31, 2015 04:11PM ET
Apple partners with Cisco to boost enterprise business
(Reuters) - Apple Inc (NASDAQ:AAPL) on Monday teamed up with network gear maker Cisco Systems Inc (NASDAQ:CSCO) to improve the performance of its iPad and iPhone devices on Cisco's corporate network.
Cisco will provide services specially optimized for iOS devices across mobile, cloud, and on premises-based collaboration tools such as Cisco Spark, Cisco Telepresence and Cisco WebEx, the companies said in a statement.
Apple is expanding its foothold in the enterprise arena at a time when iPad sales are shrinking. Cisco, on the other hand, has been investing in products and services such as data analytics software, security and cloud-management tools.
Last year, Apple partnered with International Business Machines (NYSE:IBM) Corp to sell iPhones and iPads loaded with applications geared at enterprise clients.
Apple's shares were marginally down at $112.84 in late-afternoon trading, while Cisco was down about 1 percent at $25.75.
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Written By: Reuters
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