A Tech Sector That's Set to Soar

While overall IT spending is likely to slide next year, companies plan to buy plenty of security products from the market's top names

John Chambers knows how to grab market share. The CEO of networking-equipment giant Cisco Systems (CSCO ) has gained ground on several key server rivals, such as Juniper Networks (JNPR ), during the tech spending downturn. Now, Chambers & Co. is training its sights on the computer-security market. Cisco has long been a big player in firewalls, intrusion-detection systems (IDS), and virtual private networks that use encryption to secure remote connections to corporate computer systems. So as it surveys the future it figures, why not be No. 1?

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