US-based networking equipment manufacturer Cisco has lost its research and development team, chief executive Chuck Robbins revealed yesterday, according to Recode.
Mario Mazzola, Prem Jain, Luca Cafiero and Soni Jiandani, decided to leave after three of them were initially reassigned.
The team was set up by Robbins’ predecessor John Chambers with the aim of exclusively funding spin-in startups developing innovate networking products.
The unit had spent more than $2bn since the 1990s, most recently acquiring software defined networking developer…
