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February 09, 2007
Cisco Acquires Five Across
What happens to former clients? Sometimes they grow, get integrated into something larger as a feature, or get sold to one of the big boys. Ex-client Five Across certainly fell into the latter this morning, as I learn that they were acquired by Cisco. I guess they think social networking is important too.
"Cisco believes the network is the platform for organizations to connect with their constituents and for individuals to connect with each other," said Dan Scheinman, senior vice president and general manager of the Cisco Media Solutions Group (CMSG). "With the acquisition of Five Across, Cisco is taking an important step towards helping its customers evolve their website experience into something more relevant and valuable to the end-user."
February 9, 2007 in In the News, On Technology, Social Media, Web 2.0 | Permalink
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