real-time news and commentary for investors
Friday, Sep 14
2012, 6:36 PM
Cisco (CSCO) has significantly cut back on development work for its ACE application delivery...
Cisco (CSCO) has significantly cut back on development work for its ACE application delivery controller product, JMP reports. That's a clear positive for ADC market leader F5 (FFIV), and to a lesser extent for #2 vendor Citrix (CTXS). Cisco's apparent ADC pull-back drives home how the networking giant has struggled to deal with companies such as F5, Riverbed, Fortinet, and Palo Alto Networks - smaller rivals using differentiated technology to go after high-growth verticals.