Ambow Education (AMBO) Stock Rockets On Deal With Cisco (CSCO)

Ambow Education AMBO Stock News

Ambow Education Holding Ltd (NYSEAMERICAN: AMBO) is making a run for the top in the market this morning after the company announced a strategic partnership with Cisco. Of course, a partnership with such a well-known, highly successful company, is exciting news for investors. Here’s what’s going on:

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AMBO Stock Rockets On CSCO Partnership

As mentioned above, Ambow Education Holding is running for the top in the market thsi morning after announcing that it has entered into a partnership with Cisco. The partnership is ceternered around the launch of international career education, training, and certification services. All of these services are expected to be provided online.

Through the partnership, AMBO and CSCO will create and provide high-quality online cources. Importantly, the two companies plan to provide authoritative certification of IT and the internet for college students and industry professionals worldwide.

In a statement, Dr. Jin Huang, President and CEO at AMBO, had the following to offer:

Ambow is no stranger to working with world-famous enterprises to continuously expand and integrate online education resources. The partnership programs, designed to improve activities for educational institutions and end users, involve cloud training, well-known certifications and job placement, which leverage Ambow’s own patent technology, online and offline systems, and other high-quality global resources.

This Is Big News

The news released by Ambow Education proved to be overwhelminglhy positive. First and foremost, Cisco Systems is a massive company with a strong history of global leadership in technology. With Cisco on the company’s team, it only makes sense that investors are excited, especially considering the product offering the two companies are working together to create.

At the moment, the work ecosystem is changing. With the COVID-19 pandemic continuing around the world, more people are working from home than ever before. Those that don’t have skills that allow them to work-from-home are beginning to seek education that provides them these opportunities.

The courses and training being provided by CSCO and AMBO are centered around these types of opportunities. Afterall, IT is a booming business that does afford many workers in the space the opportunity to work from home.

As a result, there will likely be incredibly high demand for the services the two plan to offer. This, combined with the too-big-to-fail concept that comes with Cisco, makes AMBO stock one to watch closely.

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