Cisco plots $1bn investment in European partnerships - report

Hannah Breeze

Sources claim networking giant is working on tie-ups with German and UK governments

Cisco is in the process of working on government partnerships in Europe which could be worth up to $1bn (€450m). Bloomberg cites sources who claim the networking giant is in the process of forging a link with the German and UK governments to test new products, train techies and invest in start-ups. The sources said Cisco is plotting a $500m investment in the UK, while the amount earmarked for Germany will be between $100m and $500m. Cisco recently made a similar $100m investment in F...

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