Cisco Systems Inc announced plans to acquire Jabber Inc. The financial terms were unavailable. Jabber specializes in instant messaging software which will compliment Cisco's line of Internet products.
By: Rob Adams
Published: Sep 19, 2008
Updated: Jul 1, 2009
Cisco Systems Inc said on Friday it is acquiring Jabber Inc. The two companies did not disclose the financial terms. The transaction is expected to complete in January 2009.
Jabber provides instant messaging software that is compatible with other networks. The product allows users to communicate on a variety of networks including Google Talk, AOL AIM, Yahoo Messenger, Microsoft Office Communications Server and IBM Sametime.
Cisco plans to use the technology to enhance its existing Internet-based communications products. It will allow Cisco to use the product across multiple platforms including Cisco WebEx Connect and Cisco Unified Communications.
"With the acquisition of Jabber, we will be able to extend the reach of our current instant messaging service and expand the capabilities of our collaboration platform," Doug Dennerline, senior vice president of Cisco's Collaboration Software Group, said in a statement.
Moreover, Jabber's technology also provides scalable architecture that supports different mobile devices and user applications.
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