Wednesday, November 12, 2003

WSJ.com - Cisco to Purchase Software Maker For $80 Million

WSJ.com - Cisco to Purchase Software Maker For $80 Million "Cisco Systems Inc. agreed to acquire Latitude Communications Inc., a maker of software for Internet-based conferencing, for $80 million.
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Don Proctor, general manager of Cisco's voice-technology group, said Latitude's technology allows users to conduct an audio and video conference, and simultaneously exchange instant messages. Mr. Proctor said Cisco plans to integrate Latitude's technology with other programs that move video and voice traffic over computer networks."
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