Tuesday, March 9, 2010

Speculation Grows Over Cisco Announcement - KCBS

Speculation Grows Over Cisco Announcement - KCBS

SAN JOSE, Calif. (KCBS) - One of Silicon Valley’s tech giants is expected to make an announcement today that could “forever change the Internet.”

Cisco Systems could be rolling out new technology to help deliver video over the web.

Internet providers are being swamped with the increasing demand for data, especially high definition or HD video. That's where Cisco may be stepping in this morning, possibly with new technology that could boost the speed that data is delivered to the home or your cell phone.

Listen KCBS' Matt Bigler reports

"If it's mobile, it could have a huge impact and if it's fixed, it would have an impact as well," argued KCBS technology analyst Larry Magid. "I don't know about forever changing the Internet but certainly if they can move data around even faster that could have a significant impact on the Internet."

The announcement comes just weeks after Google announced it was working on high speed networks 100-times faster than what's available today. Some analysts speculate that Cisco is trying to get in on the race for faster broadband.