Ahead of today's FQ3 report, Cisco (NASDAQ:CSCO) discloses it's working on a new product called...

Ahead of today's FQ3 report, Cisco (NASDAQ:CSCO) discloses it's working on a new product called Cloud Connect, which seeks to enable secure links between data centers hosting and accessing cloud apps. The company adds it's working with VMware, Citrix Systems, Red Hat, NetApp, and EMC on the solution, which comes as enterprise spending on public and private cloud infrastructures is taking off.