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Cisco Welcomes Russian President Medvedev

June 23, 2010
at 12:00 pm PST

In the past few years, Cisco has been honored to host then-British Prime Minister Tony Blair, then-US President George W. Bush and now Russian President Dmitry Medvedev.  Why Cisco, you ask?  We are at the center of transforming nations and industries and the network has never been more relevant in connecting people and making businesses, governments and industries more productive and more efficient.  The network really is at the center of it all.

We were pleased to welcome Russian President Medvedev to Cisco’s campus today for a technology demonstration and signing of an MOU committing Cisco to a multi-year $1B USD investment in Russia.  California Governor Schwarzenegger was also in attendance. 

Why did the Russian President visit Silicon Valley, you ask?  Silicon Valley is the birthplace of technology innovation.  We have created products that have changed lives around the world.  Silicon Valley is a true melting pot where people from every country and walk of life come together to create, transform and take on the world’s most daunting challenges.  President Medvedev’s visit demonstrates that we live in an increasingly connected, global economy that enables countries to benefit from each other through trade and closer relations.


"President Medvedev's vision of transforming economic development through innovation is closely aligned with Cisco's belief that the innovative application of technology can have a positive impact on a country's competitiveness, diversification of its industry base, its ability to create jobs and improve quality of life for its citizens.”

- Cisco Chairman and CEO John Chambers

 

IMG_5942

(From left: Russian President Dmitry Medvedev with Cisco Chairman and CEO John Chambers.)

(Credit: Cisco Flickr)

On his trip, President Medvedev will see Silicon Valley’s power to continually reinvent itself – and in doing so create the framework for another generation of innovation and economic growth.

When Cisco looks to invest, we have capability to go anywhere in the world.  Russia has seen what Silicon Valley has done for this country and the world and they want to replicate it.  President Medvedev and other world leaders understand that innovation is the new playing field.  It’s about: country transformation; job creation; education and healthcare…and, ultimately, the future of a country’s competitiveness.  It is where global leadership will be determined.  Cisco is happy to help play our part.

We were honored to host President Medvedev today and we look forward to hosting other world leaders soon.

 

VIDEO of Cisco CEO John Chambers with CNBC's Maria Bartiromo and CNBC Silicon Valley Bureau Chief Jim Goldman on our investment in Russia

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20 Comments.


  1. Wow that is some serious connections right there. You don't think about Cisco as a world changer, but then again Telepresence will change the world IMHO.

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  2. Well, I am glad to see President Medvedev here and visiting with our business and technology leaders. I think in the end this will be far more productive than visiting with our politicians. Business and technology can be the glue that binds us together as people and which reminds us all that we are more alike than we are different despite whatever political differences are in play at any given moment. Thanks for the story.

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  3. Also, what is the specific details of the Russian investment?Cisco note: News release on Cisco and Russia here: http://newsroom.cisco.com/dlls/2010/prod_062310d.html

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  4. Congrats to Cisco! What an extreme honor.It seems it was President Dmitry Medvedev's first day on Twitter as well. I saw that President Obama retweeted him, welcoming to the digital space! What a fun thing to be a part of.

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  5. Why Cisco? Of course Cisco!I can rarely think of technology leaders like Cisco who remained leaders throughout and continue to innovate without losing focus on what made them the leaders in the first place.

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  6. Medvedev first president who is interested in innovation and new technologies. Thanks for your help!

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  7. Things like this make me optimistic about Russia's positive geopolitical role in the relatively near future. They just need to make a point to avoid events like the squabble they had with Georgia a couple of years ago. Good move by Cisco too.

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  8. I can rarely think of technology leaders like Cisco who remained leaders throughout and continue to innovate without losing focus on what made them the leaders in the first place.

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  9. Russia Country must send invitation to other country to work with them to give chance to those that have lesser opportunity in terms of offering jobs...

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  10. There is a bigger opportunity for jobs in your country, which means your country needs to maximize manpower, are you willing to allow people from other country to work in your place and share the growth of your country?

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  11. When is Putin coming? :)It's a good thing that the Russians are showing some commitment towards keeping pace with technology. Hopefully, they follow it up with specific actions.

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  12. One of the first owners of an iPhone in Russia was President Dmitry Medvedev. Today, he’s visiting the phone’s birthplace, where he hopes to build on a “reset” in relations with the United States by also improving economic ties.That task may be tougher than improving ties with official Washington, which began last year with the US blinking first.

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  13. Congrats to Cisco!

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  14. Thinking about moving to Russia...Надо переезжать в Россию...

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  15. Cisco investing 1 billion dollars into Russia. They must see that as a hugely potential market. The first link in the post gives some great insight into the details.

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  16. Medvedev here, Medvedev there... Apple, now Cisco... Russian president seems rather progressive person.

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  17. Thank you!

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  18. So, it seems we have addressed 3/4 of the BRIC countries. Do we have similar collaboration in Brazil? And second, is there a place in Central or South Africa to be considered in the future?

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  19. Russia seems to be in good hands....until the next change of power, that is. Most heads of states should be as proactive and involved.

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  20. Wow, such a huge investment. Hope it's worth their money and their trust.

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