In recent years, Cisco has made significant investments and acquisitions in the fields of artificial intelligence (AI) and cybersecurity. In 2024, Cisco completed a $28 billion acquisition of Splunk, further strengthening its capabilities in cybersecurity and data analytics. This acquisition increased the revenue proportion of Cisco's security business to 15%, making it a new growth engine for the company. Additionally, Cisco is continuously making strategic adjustments, attempting to transform from a traditional hardware manufacturer to a software and service provider.

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