Cisco continues Web 2.0 buying spree, gobbles Reactivity for $135M
Cisco Systems, the San Jose Internet backbone company digging deep into its pockets to acquire Web-related companies, has agreed to acquire Reactivity for $135 million. The purchase will allow Cisco to integrate its networking operations more closely with Web applications.
Reactivity provides so-called XML gateway technology, which is placed in a layer of the Internet network that talks with Web applications. Reactivity has built things like XML firewalls, but will also help wireless and other carriers… Continue Reading
Cisco makes biggest investment in China yet: $50M in CCS
San Jose’s Cisco has invested $50 million in China Communications Services (CCS), a new spin-off from China’s state-run telecom company.
CCS offers all kinds of telecom services to Chinese companies and service providers, including — surprise — digital video.
Cisco, the giant networking company, has been aggressively entering new markets, and video is one part of its strategies. Cisco is not content to settle for taking over the U.S. living-room. It sees many more living-rooms in China…. Continue Reading