Not really in depth networking but still worth mentioning: Cisco announced that it will acquire WebEx for a whopping $57 per share. Cisco will spend a total of $3.2 billion. WebEx's shares increased 22.03% yesterday to $56.38.
Cisco will attempt to get a better hold of the SMB market by offering more services. WebEx is an unique extra feature for their customers.
The complete press release can be found here
Friday, March 16, 2007
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