Interesting info on Cisco getting more consumer focused. This leads me to think that they may be more interested in MOBL than I previously thought. Hmmm...
DD/Cisco buys social networking company
By MarketWatch Last Update: 12:47 AM ET Feb 9, 2007
SAN FRANCISCO (MarketWatch) -- Cisco Systems Inc. said it has bought Five Across Inc., a social networking company, for an undisclosed amount, according to a media report Friday. The network equipment provider said Five Across is its first social-networking acquisition, but likely not the last, the Associated Press reported. The company said it expects to close the deal in the current fiscal quarter. Five Across is an 11-person San Francisco company whose software allows companies to add user-interaction functions and multimedia-sharing capabilities to their Web sites. Users can create personal Web pages and post photos, videos and audio clips, similar functions to those available in News Corp.'s MySpace, the AP said.
Cisco ( CSCO28.14, +0.05, +0.2% ) has been making a major push into the consumer market through a handful of acquisitions that have given it products for cable set-top boxes, small wireless routers and other inexpensive gear. In January, the company's Chief Executive John Chambers said that the company would acquire more consumer-focused firms.
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