U.S. Markets closed

Cisco Investors Shouldn't Panic About Competition From Amazon -- For Now

Eric Jhonsa

On Friday afternoon, The Information reported that Amazon Web Services (AWS), which has long been using internally-designed networking gear in its own data centers, is thinking about selling its own data center switches to businesses. The site adds that Amazon expects to launch the switches within 18 months, and could price them at a 70% to 80% discount relative to comparable Cisco hardware.