On October 14, 2005, Raindance filed a countersuit against Webex for patent infringement. On September 27, 2005, Webex sued Raindance Communications, Inc., a competitor, for patent infringement. Raindance lawsuit for patent infringement Another charge accuses Goldman Sachs of violating securities law in its allocation of shares in WebEx's initial public offering. Webex maintains the management's information was accurate. Webex management allegedly dictated to Goldman Sachs analysts what the research should and should not include. Legal proceedings and inquiries Goldman Sachs securities fraud investigation Īs a result of a securities fraud investigation initiated by the SEC and by various state Attorney General offices, Goldman Sachs faced charges of issuing unfair research, including coverage of WebEx, and IPO violations for the period 1999 to 2001. In February 2021, Cisco acquired imimobile, a provider of communications platform as a service (CPaaS) solutions for its Webex collaboration portfolio imimobile. In October 2020, Cisco acquired BabbleLabs. Cisco has said that its long-term plan is to absorb WebEx at both a technology and a sales level. On March 15, 2007, Cisco Systems announced it would acquire WebEx for $3.2 billion. It acquired the ability to offer online collaboration tools such as discussion forums, document sharing and calendaring while provided access to the Webex communications environment for its customers. The company acquired in 2005, providing entrance into the small- and mid-size business market through the company's customer base of businesses with fewer than 100 employees.
WEBEX MEETINGS VS WEBEX TEAMS UPDATE
On October 26, 2021, Cisco launched an update aimed to enhance virtual and hybrid in-person meetings and events, using AI-powered technology for their Webex portfolio. In September 2020, Cisco launched a new platform Webex Classrooms for virtual homeroom encounters. On May 15, 2020, during the COVID-19 pandemic, Cisco CFO Kelly Kramer reported in the month of April 2020, they had 500 million meeting attendees, and that equated to 25 billion meeting minutes, using its video-conferencing application Webex. Cisco Webex enjoyed widespread use during the COVID lockdowns in education.
WEBEX MEETINGS VS WEBEX TEAMS SOFTWARE
In Greece, Cisco Webex was the only officially sanctioned software of its kind for such uses.
Īn example of an online class conducted via Cisco Webex software. On this same date, Cisco rebranded all of the rest of their Spark products to Webex, including the Spark Room Kit-now Webex Room Kit-and Spark Board-now Webex Board. On April 18, 2018, Cisco announced that Cisco Spark would be combined into the Cisco Webex platform. On Mathis effort was re-branded as Cisco Spark. On November 17, 2014, Cisco announced an evolution of Webex called Project Squared. On September 26, 2006, the company announced plans to offer a web collaboration "mashup" platform called "Webex Connect".
In July 2006, AOL and Webex launched a business version of AOL's instant messaging software, AIM Pro, with additional features to help workers collaborate using conferencing tools offered by Webex. The network was designed by Shaun Bryant, Webex's Chief Network Architect, and Zaid Ali Sr, Network Architect, to be one of the first SaaS platforms on the Internet. ( September 2020)Īt the time of the acquisition, all Webex applications were built on the MediaTone platform and supported by the Webex MediaTone Network (originally called the Webex interactive network), a global network intended for use with on-demand programs. Please help update this article to reflect recent events or newly available information. The state of affairs is what we should be describing, not the announcements leading to it and their dates. Once events have occurred, the outcome becomes part of the state of affairs. The reason given is: This section is about services, not announcements of services, or announcements in general.
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