Cisco rolls out new router as 'foundation' of next Internet

Cisco Systems Inc. on Tuesday rolled out a new router that the technology behemoth says will "serve as the foundation of the next generation Internet."

Shares of the networking gear maker were mostly flat, as Cisco unveiled news that it had said "will forever change the Internet."

The announcement centered on the growing demands of video traffic on the Web and the need for more robust networking gear.

"The role of the Internet is changing forever," Cisco Chief Executive John Chambers said in a Webcast. "It's going to be around multimedia experiences... We think as you do this, you have to build an architecture that is very flexible."

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- Posted: 2010-03-09 11:27:19

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