Chuck Robbins, CEO, Cisco Techniques, talking on the World Financial Discussion board, Davos, Switzerland, January 21, 2020.
Adam Galica | CNBC
A know-how large is committing $225 million to help in efforts geared toward combating the coronavirus whereas the remainder of Silicon Valley initiates an funding blitz to assist in the combat.
Cisco, an organization that focuses on crafting telecommunications gear and networking {hardware}, amongst different objects, is placing up the large funding, in line with a weblog publish that was written by its CEO, Chuck Robbins Sunday night time.
The $225 million is "in money, in-kind, and planned-giving to assist each the worldwide and native response to COVID-19," Robbins says within the publish.
"As a part of our dedication, we're allocating $eight million in money and $210 million in product to the worldwide coronavirus response. We're focusing these assets on supporting healthcare and schooling, authorities response and significant know-how," he mentioned within the publish. "A part of it will go to the...
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