Cisco dives into Web 2.0, buys Five Across
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What has the world come to?
Even Cisco Systems, the stately technology giant best known for delivering the boring pipes (or tubes) of the Internet backbone, has fallen for Web 2.0.
The San Jose networking company has just acquired Five Across, a San Francisco company that builds social networks for companies to connect with their customers or fans. The purchase price is undisclosed, but the company only employed 11 people.
Cisco has been hankering to boost its revenue… Continue Reading