Shopping Spree
Cisco Systems has been busy at the negotiation table over the course of the last year. Since last June, the tech giant has announced its intent to acquire — or close on — deals for 10 companies to round out its robust portfolio. Three of those deals alone were just revealed last month.
It’s no secret that Cisco has been on a collaboration kick as a result of the global COVID-19 pandemic. The company has been putting its all into the Webex platform, which emerged as one of the most highly sought-after remote collaboration platforms for enterprise users once millions of employees began working from home. Cisco has, in fact, spent the last year adding and upgrading more than 800 features on Webex. Unsurprisingly, the company made four acquisitions since last July that involve improving the remote communication and virtual event experience, including scooping up a contact center-as-a-service specialist and a noise cancellation technology provider.
Cisco also stepped up its cloud and applications game by purchasing software that is boosting visibility and control for both end users and channel partners. At the same time, Cisco’s security business is one that has continuously posted solid, if not double-digit growth every quarter since the start of the pandemic. As such, the company revealed plans in May to add to its security repertoire, specifically for vulnerability management.
Here are the 10 Cisco acquisitions that the company has inked since last summer.
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June 18, 2021 at 09:02PM
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These Are Cisco's 10 Acquisitions Since Last June - CRN
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