Cisco on Tuesday aforementioned it’s noninheritable Collaborate.com, a corporation that develops mobile tools for document sharing, task management and team communication.
In a web log post, the networking large aforementioned the acquisition can facilitate it higher navigate mobile collaboration and cloud computing. Collaborate melds with email and third party cloud services for therefore referred to as “enterprise workstreams.”
Cisco aforementioned that the acquisition will permit it to create higher mobile collaboration tools. Collaborate.com engineers can fold into Cisco’s collaboration technology cluster, which has everything from Webex to videoconferencing tools.
Terms of the deal weren’t disclosed. Cisco might use some collaboration facilitate. In its business half-moon, collaboration revenue was up one % from a year agone to $1.03 billion. The unit has struggled to grow because the telepresence market has been under attack attributable to lower price alternatives.
Cisco recently invigorated its video phone, telepresence and WebEx servers. Cisco has the foremost market share within the telepresence and net conferencing market.