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.
What is that noisy IoT device on my network?
That's the first question that popped up when I installed AdGuard Home on my Raspberry Pi last night. Within minutes, hundreds of querie...
-
Check out the interface on this! CeBIT '06: Asus R2H Keyboard Interface - Gizmodo
-
In between working at work and working at home, J-- and I took a couple hours to lead a few more kids down the path to juvenile diabetes Su...
-
So, in my continuing immersion (descent?) into all thing New Orleans, I have one nagging question at the fringes of my mind: How, exactly, d...
No comments:
Post a Comment