Cisco Buys WebEx For $3.2 Billion

Not really to do with content, but we have all used WebEx at some point of time, and hated being part of WebEx presentations: Cisco is acquiring the online meeting company WebEx Communications for about $3.2 billion in cash. The deal gives video conferencing expertise to Cisco and will help power the networking giant’s effort in so-called telepresence.
Cisco has done couple of small, social networking related acquisitions lately.

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