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,… 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… Continue Reading