Communications powerhouse Cisco has
purchased WebEx Communications Inc., a technology provider for
online meetings, for $3.2 billion. In a blog posting, Cisco's
president and chief development officer, Charlie Giancarlo, wrote,
"We feel strongly that network-based collaboration is a large part
of our futureÉWebEx was one of the early leaders in this market and
remains a leader 10 years later, making intercompany collaboration
accessible and easy for their customers."