Saturday, August 30, 2008

Cisco Buys PostPath for Cloud Offerings


Cisco will pay $215 million for startup PostPath, which creates open source e-mail and calendaring software, reports InfoWorld. The acquisition will add to Cisco's collaboration tools.

The software, an alternative to Microsoft Exchange, furthers Cisco's move into workplace collaboration. It plans to fold the software in with WebEx, which hosts Web meetings. It bought that company last year for $3.2 million.

PostPath also has a server for VMware, which will allow Cisco to offer the services in the cloud.

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