Business News
Cisco Completes Acquisition of PostPath
Monday 22. September 2008 - Cisco (NASDAQ: CSCO) today announced that it has completed its purchase of PostPath, Inc., a provider of innovative email and calendaring software. Based in Mountain View, Calif., PostPath will work with Cisco to enhance the existing email and calendaring capabilities of Cisco's WebEx Connect collaboration platform.
With PostPath’s software, Cisco will extend the email and calendar functionality of its flexible software-as-a-service (SaaS)-based collaboration platform, which includes instant messaging, voice, video, data, document management and Web 2.0 applications. The combination will enable customers to use collaboration to accelerate business processes, within and between businesses.
With the close of the transaction, PostPath becomes part of the Cisco Collaboration Software Group (CSG). CSG is part of the recently established Software Group, consisting of Cisco’s major software businesses, including the Cisco IOS network operating system, network and service management, Unified Communications solutions, policy management, and SaaS offerings.