Cisco Systems Continues Growth in Texas Telecom Corridor, an Advisory From Industrialinfo.com.Business Editors/High-Tech Writers HOUSTON--(BUSINESS WIRE)--July 27, 2001 The following is an advisory from Industrialinfo.com (Industrial Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. Inc.; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the ). Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. Inc. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) (San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.), a worldwide leader in Internet network solutions, continues to expand its presence in the Texas "Telecom Corridor(R)" located in Richardson, a suburb north of Dallas. The new $110 million campus will consist of over 1.7 million square feet of space dedicated to research & development for their optical and wireless operations. The 71-acre campus will be built out in three phases over the next four years and upon completion will employ a workforce of over 5,000 people. Cisco is also continuing an aggressive campaign to lease 172,000 square feet of office space in Richardson with initial tenant improvement projected to cost $5 million. Cisco officials stated that, "The Telecom Corridor(R) is not only an exceptional geographic location, but offers knowledgeable high tech and telecommunications specific personnel, suppliers and manufacturing resources." The Telecom Corridor(R) is home to over 700 leading technology and telecommunications companies with approximately 70,000 workers and 25- million square feet of high-tech work space. The North Texas Council of Governments (Arlington, Texas Arlington is a city in Tarrant County, Texas (USA) within the Dallas-Fort Worth-Arlington metropolitan area. According to a U.S Census Bureau release, as of July 1, 2006 Arlington has an estimated population of 367,197. ), a voluntary association of local governments that assist in planning for common needs, is speculating that by the year 2010, the corridor will add 40,000 jobs making them the second largest employment center in the Dallas/Fort Worth metroplex The Dallas–Fort Worth–Arlington metropolitan area, a title designated by the U.S. Census as of 2003, encompasses 12 counties within the U.S. state of Texas. The metropolitan area is further divided into two metropolitan divisions: Dallas–Plano–Irving . Established in 1984, Cisco Systems' annual revenue in 2000 rose to $18.9 billion, up from $12.2 billion in 1999 despite the recent down turns in the high-tech marketplace. Today the company employs over 34,000 people worldwide. For further information, visit us online at: http://www.industrialinfo.com or send inquiries to buildingconstruction@industrialinfo.com |
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