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It was founded as WebEx in 1995 and acquired by Cisco Systems in May 2007. Its headquarters are in San Jose, California. [2] Its software products include Webex App, Webex Suite, Webex Meetings, Webex Messaging, Webex Calling, Webex Contact Center, and Webex Devices. [3] All Webex products are part of the Cisco Systems collaboration portfolio. [4]
Webex CPaaS Solutions (previously IMImobile) was acquired by Cisco Systems in February 2021. [1] The company provides cloud communications software and services that manage business-critical customer interactions at scale.
On May 29, 2007, Cisco Systems acquired WebEx for $3.2 billion. [5] After a 6-year break spending time with his 2 daughters, in 2012, Iyar co-founded and became CEO of Moxo. [6] Moxo is a digital client interaction platform that received funding from Cisco and KDDI from Japan. [7]
On this day in business history... Cisco Systems was founded on Dec. 10, 1984, by Sandy Lerner and Len Bosack, who had developed a groundbreaking new connectivity device called a router while ...
Following the first Cisco takeover purchase, acquisitions have constituted 50 percent of the company's business activity. [ 2 ] The company's largest acquisition as of October 2023 [update] is the purchase of Splunk —a software company that develops software for the analysis and monitoring of machine-generated data — US$ 28 billion. [ 3 ]
Former logo (2014-2022) Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. [6] He left Cisco in April 2011 with 40 engineers to start a new company, [2] originally named Saasbee, Inc. [7] The company had trouble finding investors because many people thought the videotelephony market was already saturated. [7]
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During Chambers' time at the company, Wang's profits declined dramatically from $2 billion 1989 to a $700 million loss in 1990. A year later, Chambers left Wang to join Cisco, which had gone public on February 16, 1990. [12] In 1995 Chambers became CEO of Cisco, a position he held until 2015. He had also been promoted to board chairman in 2006 ...