Cisco’s love affair for Web 2.0 continues, buys Tribe assets
(Updated with comment from Cisco)
Cisco Systems, the giant supplier of Internet equipment which is falling hard consumer Internet, has bought the assets of Tribe.net, an early social networking player.
The New York Times reported the story first here.
Cisco’s acquisition of the small San Francisco-based Tribe’s technology is the third purchase within a month — and is significant because it reveals a great ambition by the giant router company to move into new areas of the Internet… Continue Reading