Microsoft takes second place

Cisco overtakes Microsoft as world's most valuable company
Written by ZDNet UK, Contributor

Internet equipment maker Cisco Systems is keeping Microsoft out of the number one slot as the world's most valuable company.

As of the close of trading Monday on the Nasdaq , Cisco had a market value of $555.5bn (£338bn) compared with Microsoft's $541.6bn.

Cisco overtook Microsoft Friday.

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