Cisco Systems to acquire P-Cube
605937
Cisco Systems Inc. of San Jose, Calif., Monday acquired privately held P-Cube Inc. of Sunnyvale, Calif. P-Cube develops service control platforms, which help service providers
357916
(InfoWorld) - Cisco Systems is continuing to buy its way into social networking, acquiring some assets of the company that operates Tribe.net while letting the site remain independent. Cisco announced Monday it has bought selected assets of Utah Street Networks, a seven-person San Francisco company founded in 2003. It did not acquire Tribe.net, a social-networking site that has been overshadowed by the success of big names such as Friendster, Facebook, and News Corp.'s MySpace. Cisco did not reveal the terms of the deal, which has already been completed, in a statement Monday. With the purchase, Cisco gets a proprietary software infrastructure that Utah Street has used to create and maintain online communities on Tribe.net. The dominant networking vendor will integrate that software into its Cisco Media Solutions Group (CMSG), and certain Utah Street employees will join that team to continue software development, according to Cisco. Cisco started moving into content infrastructure last year with the formation of the CMSG, which made its first acquisition last monthÂ when it bought social-networking software company Five Across. On Monday, Cisco announced that acquisition had been completed. The San Jose, Calif., company sees social networking as a key part of the way media companies and other enterprises will approach their customers. On Tribe.net, users can set up personal profiles, join interest groups, post blog entries and pictures, and review local businesses, among other things. Versions of the site exist for dozens of U.S. cities.
294721
InfoWorld - Cisco Systems is continuing to buy its way into social networking, acquiring some assets of the company that operates Tribe.net while letting the site remain independent.
549903
Cisco Systems Inc. (Nasdaq: CSCO - message board) announced late Thursday that it is buying routing software startup BCN Systems Inc.
737817
(InfoWorld) - Cisco has completed its acquisition of WebEx Communications, entering the online collaboration services business through a $3.2 billion deal, the company announced Tuesday. Cisco will maintain WebEx's current business model of selling subscriptions for a Web-based service to enterprises that don't want to buy or build a collaboration system of their own, especially small and medium-size organizations. The Santa Clara, California, company is now a wholly owned subsidiary of Cisco, which plans to retain all its employees, said Cisco spokesman John Noh. The acquisition,Â announced March 15, further extends a networking equipment giant that is increasingly positioning itself as a software and services company. It followed buyouts of two social-networking companies, Five Across and Utah Street Networks, and all the technologies will complement each other, Chief Development Officer Charles Giancarlo said in March. The WebEx service lets companies share presentations, applications, and other data online, either asynchronously or in real-time sessions. The buyout will help Cisco compete against Microsoft and other vendors in collaboration and communication, and WebEx technology could also enhance Cisco's Unified Communications portfolio, according to Giancarlo. WebEx also offers a suite of productivity applications under the WebOffice brand, but Cisco doesn't plan to compete against desktop application suites, such as Microsoft'sOffice or Google's Google Apps, he said. The deal closed as expected in Cisco's fiscal fourth quarter. It was the first deal the company has made through a tender offer, in which the would-be acquirer publicly invites shareholders to sell their shares at a certain price at a given time, Cisco's Noh said. More than 90 percent of WebEx shares were tendered. A tender offer generally can be finished more quickly than other types of deals, such as cash purchases and share swaps, and makes it easier to offer attractive terms to employees in order to keep them on board, he said.
378425
Fujitsu Ltd. and Cisco Systems Inc. said today they have agreed to enter into a strategic alliance focusing on routers and switches that will help service providers and enterprises build advanced IP networks.
552145
(InfoWorld) - Cisco Systems, the biggest vendor in IP (Internet Protocol) networking, is diversifying into social networking. The router pioneer has agreed to acquire Five Across, a social-networking software company in San Francisco. Terms of the acquisition, which was announced late Thursday in California, were not disclosed. Cisco expects the deal to close in its fiscal third quarter, which ends April 28. Cisco doesn't plan to set up its own social-networking site to compete against News Corp.'s MySpace or Facebook. Instead, it will use Five Across technology to create software that will help enterprises better connect with their customers. In addition, service providers may be able to build services with the technology and sell them to their business customers, Cisco said. Five Across sells a software platform called Connect Community Builder. It includes a variety of features that enterprises can build into their Web presence for their customers, such as individual profile pages, friend lists, discussions, and posting of blogs, videos and podcasts. The company, founded in 2003, has just 11 employees, according to Cisco. Last year NHL Enterprises L.P.'s National Hockey League launched a site for hockey fans, called NHL Connect, using Five Across software. The acquisition is the first by Cisco's recently formed Media Solutions Group and part of Cisco's expansion into both the consumer and media categories. One target market for the Five Across technology will be entertainment and broadcasting companies such as The Walt Disney Co. and Comcast. But Cisco also expects social networking, like other consumer tools such as instant messaging, to be embraced by general enterprises. Consumers are now demanding social networking capabilities and want to see them on companies' Web sites, according to Cisco. Traditional media providers are ripe for using social networking, said IDC consumer analyst Danielle Levitas. "There's quite a bit of need for experimentation from [traditional] media companies to show their stockholders they can take advantage of the Web and they're not going to cede it to new media companies," Levitas said. A good social-networking component to a media company's Web site could help foster viewer loyalty or even be a place to test new shows among core viewers, she said. Consumer electronics and PC companies could also take advantage of social networking, hosting communities of consumers to share tips and advice, augmenting their technical support offerings, Levitas said. Meanwhile, social networking, with its constant conversations and user-generated content, is also good for Cisco's core business of selling network infrastructure, Levitas said. "Web-based content is incredibly bit-heavy," Levitas said. Social networking brings end users into the game so there is a lot of data coming upstream from the edge of the network as well as downstream from the company.
57484
P-Cube develops service control platforms, which help service providers identify subscribers, classify applications, improve service performance and charge for multiple services without costly infrastructure upgrades, Cisco said.
176001
Fujitsu and Cisco Systems announced that they have reached a fundamental agreement to enter into a strategic alliance focusing on routers and switches that will enable service providers and enterprises to build advanced Internet Protocol (IP) networks.
63939
RESEARCH TRIANGLE PARK - Cisco Systems is acquiring a California-based network management appliance developer for approximately $16 million in cash.
272318
After proposed acquisition, storage management solution company NeoPath Networks to be rolled into Cisco's data center group.
665334
Cisco Systems on Wednesday said it plans to acquire Jahi Networks, a privately held network management appliance vendor, in a $16 million deal.
682837
NEW YORK - Cisco Systems Inc. said Monday it has agreed to acquire Sunnyvale, California, software developer P-Cube Inc. in a cash-and-options deal Cisco valued at $200 million.
214560
Cisco will pay approximately $200 million in cash and options. The acquisition of P-Cube is subject to various standard closing conditions and is expected to close in the first quarter of Cisco&#39;s fiscal year 2005.
647461
Cisco Systems(R) (NASDAQ: CISCO) today announced that it has completed the purchase of select assets of privately-held Utah Street Networks, Inc., the operator of the social networking site Tribe.net.
385522
A research center in Pittsburgh as well as a broadband service provider and an academic network in Japan all have bought Cisco System's first totally new core routing platform in seven years, which was introduced with fanfare in June, the company announced Monday.
352459
Cisco has bought IP service control vendor P-Cube of Sunnyvale, California, in a cash deal worth about $200m. The company says the deal should allow its customers to run advanced IP services such as voice