Cisco Systems has acquired Versly, a private startup that specializes in developing software and solutions for more effective collaboration and productivity.
Versly's primary tool is a plug-in on Microsoft Office applications that enables collaboration on documents, spreadsheets, presentations and e-mail.
So far it appears all of Versly's employees will be moving over to Cisco when the deal is complete.
Cisco has said that collaborative solutions will be a top focus for the company as it continues to reprioritize--especially as the San Jose, Calif.-based enterprise sees this field as an addressable market worth $45 billion. Consumer devices don't meet these requirements … Read more