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Mar 15, 2007

Cisco Acquires WebEx

Huge announcement out of Cisco this morning.

Cisco Announces Agreement to Acquire WebEx

Cisco is currently holding a conference call on the news. They are stressing that they will preserve WebEx's current service model, and they see this as a way for Cisco to improve its position in the SMB market. I'm sure there will be a lot more to come as we learn more about this deal.

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Thought you might be interested in Charlie Giancarlo's blog entry on the WebEx acquisition. He is Chief Development Officer at Cisco and President of Linksys. WebEx will be reporting into him. Blog is at: http://blogs.cisco.com/news/2007/03/cisco_chief_development_office.html

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