Cisco grabs for ‘No. 1 IT company’ crown

Published December 7, 2012 9:49pm ET



NEW YORK (AP) — Cisco Systems Inc. isn’t content to be the world’s largest maker of computer networking gear. It says it wants to become the “No. 1” supplier of information technology to big businesses by broadening its offerings of services and software.

But when Cisco says “No. 1 IT company,” it doesn’t mean that it’s going to be the biggest-selling company. That goal is out of reach, as IBM Corp.’s revenue is twice that of Cisco.

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