Subject:::Cisco Acquires Versly - TMCnet's Financial eNews Financial eNewsletter
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Cisco News - Cisco Acquires Versly


August 29, 2011
By Peter Bernstein, Senior Editor

Cisco announced this morning (August 29) that it has acquired privately-held San Francisco startup Versly — developers of software that integrates collaboration capabilities via a plug-in into Microsoft (News - Alert) Office applications. The plug-ins are designed to simplify the way people work by enabling more effective collaboration around content in:

  • WORD documents
  • Excel spreadsheets
  • PowerPoint presentations
  • Email

In the press release announcing the acquisition, Murali Sitaram, vice president and general manager, Collaboration Software Group (CSG), Cisco stated, "Collaboration is a top priority at Cisco. With this acquisition we're enhancing our collaboration offerings and improving the user experience by integrating social technologies within the business applications individuals and teams use at work…Furthermore, the integration with Versly will drive productivity improvements for organizations and their knowledge workers, many of whom are among the 600 million Microsoft Office users."...Read More



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