Cisco’s acquisition of online collaboration tools vendors Versly San Francisco

Cisco announced Monday that it has acquired San Francisco start-ups Versly. The company develops integrated with Microsoft Office applications, online collaboration tools.

Cisco did not disclose financial terms of the deal. After the acquisition, Versly all employees will join Cisco’s Collaboration Software Group. By Versly developed plug-in, a team of members to Word, Excel, PowerPoint files, and e-mail for collaborative editing. Currently, Versly product is still in closed beta.

Murari, general manager of Cisco’s Collaboration Software Group strum (Murali Sitaram) said, attaches great importance to collaboration is an area of ​​Cisco. Through this acquisition, Cisco will strengthen collaboration software products, improve the user experience. “We will integrate enterprise applications of social technologies.” In the future, Versly software will be integrated into Cisco’s Quad, Jabber and WebEx and other products.

According to published some information, Versly had already completed a round of seed financing, investors include Accel Partners, Baseline Ventures, 500 Startups and some angel investors. The company’s founders include former executives of The Benjamin Renaud and former Yahoo employees Eric Eccles (Erik Eccles).