By Fatima Gulzar
Publication Date: 2026-04-24 18:52:00
Cisco (NASDAQ:CSCO) is one of the
10 Best Performing Dow Stocks So Far in 2026.
On April 11, 2026, The Information reported that Cisco (NASDAQ:CSCO) is in talks to acquire cybersecurity startup Astrix Security for $250 million to $350 million. Persons familiar with the subject stated that conversations were still underway, with no final agreement disclosed.
On April 7, 2026, Cisco (NASDAQ:CSCO) also issued its State of Industrial AI Report, which highlights the growing use of AI in operational environments. About 61% of firms now use AI in live industrial operations, with 20% reporting scaled installations. AI is driving applications such as predictive maintenance, automation, and energy forecasting.
Cisco (NASDAQ:CSCO) stated that infrastructure readiness and cybersecurity dictate scaling capability, with 98% of respondents naming cybersecurity foundational and 40% citing it as their…