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Cisco Expands Biz-App Portfolio With PostPath Buy

Written on
August 28th 2008
Author
Kathleen

ADOTAS – Cisco Systems Inc. has snagged email/calendaring/app specialist PostPath for $215 million, in a move to compete with Microsoft. PostPath sells a Linux-based e-mail serviced to companies and competes with the likes of Zimbra (Yahoo snagged that company last year for $350 million). PostPath will be folded into Cisco’s WebEx [...] more...

Cisco Launches $60M Tech Investment Fund

Written on
July 2nd 2008
Author
Kathleen

ADOTAS – As economic uncertainty reigns stateside, tech companies are jumping into booming economies abroad in a bid to strengthen their bottom lines. Cisco Systems Inc., is betting on Russian and other former Soviet states. Cisco and a Russian VC firm, Almaz Capital Partners, is launching a $60 million technology investment [...] more...

Apple, eBay Gain Amid Holiday Buzz

Written on
December 6th 2007
Author
Wall Street Journal

The Nasdaq Composite Index marched ahead Thursday, extending gains from the previous session’s 1.8% rally. Rambus shares rose after the Securities and Exchange Commission ended its stock-option probe, while Apple and eBay climbed on upbeat analyst reports. In morning trading, the Nasdaq Composite rose 13.25 points, or 0.5%, to 2679.73. Morgan [...] more...