{"id":9705,"date":"2017-10-23T14:24:29","date_gmt":"2017-10-23T14:24:29","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/cisco-scoops-up-broadsoft-for-1-9-billion-to-boost-communications-tools-portfolio.html"},"modified":"2017-10-23T14:24:29","modified_gmt":"2017-10-23T14:24:29","slug":"cisco-scoops-up-broadsoft-for-1-9-billion-to-boost-communications-tools-portfolio","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/cisco-scoops-up-broadsoft-for-1-9-billion-to-boost-communications-tools-portfolio.html","title":{"rendered":"Cisco scoops up BroadSoft for $1.9 billion to boost communications tools portfolio"},"content":{"rendered":"


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One thing is clear, Cisco<\/a> is not afraid to use its considerable cash on hand to fill in holes in its product portfolio. Today it wrote out a big fat check for $1.9 billion to acquire BroadSoft<\/a>, a Maryland company that delivers unified communications via service providers.<\/p>\n

The purchase gives Cisco a new way to sell its communications tools as it shifts its focus from a pure networking hardware company to one focused on software and services delivered in the cloud. Today\u2019s announcement comes on the heels of an announcement last week that it intended to purchase Perspica<\/a> and fold the engineering team into AppDynamics, a company it purchased earlier this year for $3.7 billion<\/a>. If you\u2019re thinking, this is an acquisitive company, you\u2019re right. It just purchased its 200th company<\/a>.<\/p>\n

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Cisco acquisitions in 2017. Chart: Crunchbase<\/p>\n

While last week\u2019s purchase was focused on data and machine learning, and understanding how performance affects the overall business, today\u2019s is firmly focused on Cisco\u2019s collaboration side of the house, which includes WebEx and Spark. Cisco might not be the first company you think of when it comes to collaboration, especially with Slack, Microsoft, Google and Facebook all in on this lucrative enterprise market,<\/a> but it is one that the company has been looking at going back to the Enterprise 2.0 days back in 2006.<\/p>\n

It\u2019s easy to forget now, but Cisco bought WebEx\u00a0<\/a>back in 2007 for $3.2 billion to jumpstart its position in the enterprise collaboration and communications market. Over the years, it has been building on that, but WebEx remains a key piece in its enterprise communications strategy.<\/p>\n

In many ways, today\u2019s announcement is a continuation of that purchase a decade ago. In fact, BroadSoft released its own team communications tool<\/a>, Team-One, just about a year ago, giving Cisco that tool and the rest of BroadSoft\u2019s extensive communications catalog.<\/p>\n

Rob Salvagno, VP of corporate business development at Cisco wrote in a company blog post<\/a> announcing the deal, that the two companies really complement one another. \u201cCollaboration is the first step to business digitization and BroadSoft has partnerships with over 450 telecom carriers in 80 countries \u2014 including 25 of the top 30 globally \u2014 to 19+ million BroadSoft business subscribers. BroadSoft\u2019s portfolio is complementary to our existing on premises and enterprise-centric Hosted Collaboration Solutions (HCS), as well as Cisco\u2019s overall cloud investment strategy,\u201d Salvagno wrote.<\/p>\n

Alan Pelz-Sharpe, an analyst who is founder at Deep-Analysis, a firm that tracks collaboration tools says it should be a good match. \u00a0\u201cBroadsoft is a nice fit for Cisco as its products and strategy targets SME\u2019s whereas Cisco targeted enterprises. Together they cover a much bigger addressable market and looks like a pretty sensible matchup,\u201d Pelz-Sharpe said.<\/p>\n

Alan Lepofsky, an analyst at Constellation Research, who covers collaboration tools, says the key is how they position the new tools from BroadSoft, but there are questions about how they\u2019ll fold the BroadSoft tools into Cisco. \u201d We\u2019ll be waiting to see if they migrate the best features of TeamOne (which is essentially the evolution of Intellinote) to Spark, or keep them as different solutions for different size organizations. Spark is built on a highly secure architecture where each action is encrypted, so will that be compatible? TeamOne has also been sold via the BroadSoft channel, so those partners will have to be brought into the Cisco partner ecosystem,\u201d Lepofsky explained.<\/p>\n

BroadSoft was founded in 1998 and went public in 2010 after raising over $77 million. The deal is expected to close during Cisco\u2019s first quarter calendar year in 2018.<\/p>\n

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Featured Image: Getty Images<\/small><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/e0WuHeOlPk8\/<\/p>","protected":false},"excerpt":{"rendered":"

One thing is clear, Cisco is not afraid to use its considerable cash on hand to fill in holes in its product portfolio. Today it wrote out a big fat <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-9705","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t