08:16 AM EDT, 06/17/2024 (MT Newswires) -- Cisco Systems ( CSCO ) plans to establish a cybersecurity center in Taiwan and will collaborate with the government to train people to work in the sector under its Taiwan Digital Acceleration Plan 3.0, Reuters reported Monday, citing the company.

"In addition, Cisco ( CSCO ) aims to collaborate with relevant tech associations to establish a security centre in Taiwan for enhanced threat intelligence and cyber readiness," Reuters quoted Cisco ( CSCO ) as saying in a statement.

Cisco ( CSCO ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 45.64, Change: -0.04, Percent Change: -0.09