Skip to: [ search ] [ menus ] [ content ] Select style [ Aqua ] [ Citrus ] [ Fire ] [ Orange ] [ show/hide more content ]

$1 billion Cisco initiative with Russia announced

A $1 billion initiative to drive entrepreneurship and innovation in Russia was announced today at a meeting with Russian President Dmitry Medvedev and Cisco Systems CEO John Chambers. California Governor Arnold Schwaarzenegger joined Medvedev at a demonstration of Cisco’s video conferencing, business social networking, and sportscasting technology.

Chambers and Viktor Vekselberg, who heads a project to develop a Russian “Silicon Valley” in Skolkovo, near Moscow, signed the agreement today, before the press.

According to, the five-phase Cisco initiative will:

Cisco will partner with existing businesses, technology firms, and venture capital organizations to develop projects such as broadband, smart grid, financial services, and social networking.

Also on Mr. Medvedev‘s schedule today were a visit to Twitter, where he registered and sent his first “tweet,” Apple, and delivery of a speech at Stanford.

(Note added June 28, 2010: The are many ways to obtain information and technology. Less than a week after Russian President Dmitry Medvedev left the United States, federal agents arrested 10 people who have been accused of being long-term recruiters for spies for Russia in the U.S. Some of those arrested were long-term residents. According CNN: “Assistant U.S. Attorney Michael Farbiarz said search warrants in the case were being executed ‘across the country.’ He called the initial criminal complaint ‘the tip of the iceberg.'” CNET has an article on some of the high-tech tricks used by the alleged Russian agents. Who knows, maybe in the coming days we will learn about some of the high-tech surveillance tricks that the FBI used in the case, too!)

-Bill at

Cheshire Cat Photo™ – “Your Guide to California’s Wonderland™”

You can view higher-resolution photos (*generally* 7-30 megabytes, compressed) at the Cheshire Cat Photo™ Pro Gallery on Shutterfly™, where you can also order prints and gifts decorated with the photos of your choice from the gallery. Apparel and other gifts decorated with some of our most popular photos can be ordered from the Cheshire Cat Photo™ Store on CafePress®. Both Shutterfly™ and CafePress® ship to most international locations worldwide! Framed prints and prints on canvas can be ordered from our galleries on redbubble®. All four locations are accessible from here. Be a “Facebook Fan” of Cheshire Cat Photo here! If you don’t see what you want or would like to receive an email when new photos are up on the site, send us an email at

©2010 William F. Hackett. All Rights Reserved.

No Comments to “$1 billion Cisco initiative with Russia announced”

  (RSS feed for these comments)

You must be logged in to post a comment.

InspectorWordpress has prevented 52153 attacks.
Get Adobe Flash player