Cisco Snags Acano for $700 Million To Enhance Video Conferencing Capability

Cisco logo in frothed milk. Cisco announced today it plans to buy video conferencing firm Acano for the widely reported price of $700 million. The company, which is based in the UK, has developed video infrastructure and collaboration software. You’re probably thinking that Cisco already offers that same kind of service and you would be right. It bought WebEx in 2007 for $3.2 billionĀ and has been positioning it as… Read More

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