-  Analysis

Cisco CEO : “The time to invest in France’s future is now”

Chambers
Cisco CEO John Chambers announces his decision to invest $100 million in France, and says it's Europe’s leader when it comes to entrepreneurship and startups.
John Chambers, Cisco CEO, recently met Manuel Valls, France Prime Minister and announced its decision to invest $100 million in French startups.


The partnership will include the development of Cisco’s Networking Academy program, withi which it “plans to train an incremental 200,000 students and create 1,500 additional academies over the next three years, so French entrepreneurs have the necessary skills to drive the digitization process.”

After announcing this partnership John Chambers gave a few interviews in which he explains that “France is Europe’s leader when it comes to entrepreneurship and startups” and that “The French government truly understands the economic and societal benefits digitization will bring”.

Want more details about the deal?
Check out John Chambers’ interview on Fortune and his op-ed on CNN.