Last week’s acquisition of Webex by Networking giant Cisco is a clear war cry against Microsoft. What battlefield will this war be fought on? My take is, Collaboration will become the battlefield for these two titans’ epic battle. I have already written about this last week. Now, I want to add to the theme by
Cisco plans to buy WebEx for $3.2 billion in cash. Under the terms of the deal, expected to close in the fourth quarter, Cisco will purchase all outstanding shares of WebEx for $57 a share. WebEx shares closed at $46.20 Wednesday on Nasdaq, and last I checked, it was at $56.45. I love this deal.
Last night, I started publishing an interview with Jerry Rawls, CoFounder and CEO of Finisar (FNSR), an fiber optics components leader that has gone through tremendous turmoil in its relatively long history. Remember, fiber optics, at one time, was a very hot market. Numerous startups got funded, massive amounts of venture money went down those
On a few occasions, recently, the topic of Cisco’s inevitable lay-offs in Silicon Valley came up. It is true, that Cisco is a FAT company, with a very large (and expensive) workforce in the valley. However, the big new market opportunities in front of Cisco are all in the emerging, developing markets, and there, the
Cisco buys Five Across, and enters Social Networking. Much as I applauded their previous purchase, Scientific Atlanta, which, judging by the recent earnings reports, is paying off, this one seems to be a frowning moment. That said, I like the FiveAcross value proposition a great deal. I wrote this piece called Media Shuffles back in