Cisco Acquires Acano for Next-gen Conferecing Infrastructure

November 20, 2015 at 9:25 AM

Today Cisco announced its intent to acquire startup conferencing and collaboration competitor Acano for $700 million. Its a high price given our estimates of Acano's annual run rate. But Cisco takes out a rival that has been seeing notable attention and success among enterprises and service providers looking for next-gen collab services. That said, this is primarily a technology acquisition Cisco's part.
What will be the domino impact on the market? How will the likes of Polycom and Pexip respond?

Tags: Cloud, Collaboration, Video conferencing, video, Cisco, Acano, conferencing, Pexip, Polycom