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Cisco Announces Definitive Agreement to Acquire PostPath

Thu, Aug 28, 2008

In today’s fast-paced business environment, effective, adaptive collaboration is critical to creating and sustaining a competitive advantage. With PostPath’s software, Cisco will extend the e-mail and calendar functionality of its flexible software-as-a-service (SaaS)-based collaborative platform that includes instant messaging, voice, video, data, document management and Web 2.0 applications. This combination will enable customers to use collaboration to accelerate business processes, within and between businesses.

"The acquisition of PostPath complements our strategy to develop an integrated collaboration platform designed for how we work today and into the future, providing real productivity gains and a more satisfying user experience", said Doug Dennerline, Cisco senior vice president, Collaboration Software Group. "Our ’cloud-based’ delivery model offers our customers rapid deployment and compelling economics"

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PostPath offers a Linux-based e-mail, calendaring and collaboration solution. It is interoperable with many other e-mail solutions and provides a browser-independent AJAX Web client. In addition, PostPath’s software is compatible with a number of mobile clients.

PostPath’s software is highly secure and scalable, and it incorporates innovative Web 2.0 architectures to meet the requirements of large enterprises and small businesses alike to provide Cisco customers with a next-generation user experience.

The PostPath acquisition exemplifies Cisco’s "build, buy, and partner" innovation strategy to move quickly into new markets and capture key market transitions. In addition to internal software innovations, Cisco actively employs investments in, and acquisitions of, other companies to support its software strategy; recent purchases include industry leaders WebEx, IronPort and Securent.

Source: Cisco

Tags: cisco  web  applications  customers  mobile  webex  market  investment 
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