Mar 19, 2007
Cisco acquires WebEx
In a move I didn't see coming, Cisco will acquire the WebEx web conferencing services for $2.9 billion. We all know the education and collaboration software market is in consolidation, but I never would have thought Cisco entering it. In a way, Cisco also touches the learning market now because WebEx is a very popular tool for web conferences. And web conferences and virtual classes are very closely linked. It also puts them right in the face of vendors like Saba (Centra), Microsoft (Office Live Virtual Meeting) and IBM (Quickr, Sametime).