Cisco Systems announced the acquisition today. WebEx, the original online collabrative tool, posted sales of $380 million with profit of around $47 million (according to Om). How in the hell is a company with $380 million in sales worth nearly ten times that at sale?
A little anecdote for Cisco; I recently participated in an evaluation of your new acquisition. I know other people have done the same in our larger orginization. You weren't even in the running. Lack of bundled VoIP, a typical market leader's sales pitch, and stiff competition combined with out of market pricing.. what a winning combination.
I seriously hope Cisco has some major initiatives planned for WebEx properties. There are far better products out there for considerably less money. I would think for $3.2 billion, Cisco could have built, from the ground up, a better competitive product. I sure hope this isn't Cisco's Skype.
Twitter has pushed me too far
Inspired by Matt Haughey's stand against Twitter , I re-logged into Mastodon on all my devices and shelved my Twitter access. I haven&#...
-
Title pretty much says it all. My very British name is Quentin Watson . Take The Very British Name Generator today! Created with Rum and Mon...
-
My work domain (an EDU) recently had Google Inbox enabled so I had a good chance to try it out. My personal email is relatively quiet and, I...
-
Evernote, for better or worse, is the best note-taking service for my needs. It works across all my devices/computers/modes. It's fairly...
No comments:
Post a Comment