San Jose-based Cisco promises $5M for charities fighting racism, discrimination

San Jose-based Cisco promises $5M for charities fighting racism, discrimination

San Jose-based Cisco Systems Inc. was the latest Monday to announce it would give $5 million to charities fighting racism and discrimination, a decision announced by CEO Chuck Robbins in a video as the company also postponed its annual Cisco Live event, often used to announce new technology, partnerships and other initiatives.

The announcement comes amid protests sparked by the death of George Floyd, a black man in Minneapolis, after a white police officer pressed a knee into his neck and back for nearly nine minutes.

Cisco donations will go to the Equal Justice Initiative, the NAACP Legal Defense Fund, Color of Change, Black Lives Matter Foundation and a slew of other human rights organizations. The company joins other tech titans that announced similar plans this week.

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