Friday, September 24, 2004

Cisco to open R&D lab in China

Network equipment maker Cisco Systems, Inc., of San Jose, says it's planning to open a research and development center in Shanghai, China. The new facility will represent an initial $32 million investment over the next five years, and Cisco expects to hire approximately 100 employees over the next 18 months to focus on research and development, the company says.

Complete story here.

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