World VoIP NewsCisco acquires Versly in order to improve VoIP and data networking collaboration
Cisco acquires Versly in order to improve VoIP and data networking collaboration
VoiP telephony giant enterprise Cisco announced that it has acquired private San Francisco based company Versly, vendor and developer of dedicated software that conjoins all collaboration capabilities by means of a plug-in into Microsoft Office applications. These plug-ins are aimed and created to simplify the procedures of daily work by introducing more effective collaboration on textual contents in MS Office standard package attached by Emailing options.
In the press release, explaining the acquisition, Murali Sitaram, vice president and general manager, Collaboration Software Group (CSG), Cisco described, "Collaboration is a top priority at Cisco. With this acquisition we're expanding our collaboration offerings and improving the customers experience by integrating social technologies within the business applications individuals and teams use at work…moreover, the integration with Versly will foster productivity improvements for organizations and their knowledge workers, majority of whom are among these 600 million Microsoft Office users." Versly's software will be completely incorporated into a package of Cisco's collaboration offerings, such as Cisco Quad, Cisco Jabber and Cisco WebEx. An outcome of this would be customers receiving automatic notifications within Cisco Quad once a document has passed thru the process of a content change. This could be readily processed from simply reviewing a document to an instant messaging session through Cisco Jabber, or the initiation of a web conferencing session from a presentation through Cisco WebEx. As stated in the recent press releases, the $45 billion dedicated market for collaboration is one of Cisco’s five operational priorities for the company proceeding into restructuring process: 1. Core – routing, switching, and services. 2. Collaboration. 3. Data center virtualization and cloud technologies 4.IP video. 5. The Infrastructures for business transformation. Versly is expected to be integrated into Cisco CSG, being still in private beta. The company was started by former BEA and Sun executives as well as former Yahoo executives. According to the Versly , investors (who despite tough conditions got a nice early exit) included Accel Partners, Baseline Ventures, and 500 Startups along with angel investors Scott Dietzen, Kenny Van Sant, Jonathan Katzman, and Rasool Rayani. Financial terms of the transaction were not disclosed. The deal benchmarks the ever growing need to continue to fortify unified communications capabilities both from traditional competitors, and looking down the road at potential encroachment from social media ecosystems, bringing this type of collaboration enhancement in-house makes strategic sense. One can expect demonstrations of the new collaboration capabilities in the near future.
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