Cisco Buys WebEx for USD $3.2 Billion Dollars

by Chris Abraham on 16/03/2007 ·

webex thumb Cisco Buys WebEx for USD $3.2 Billion Dollars“Cisco has agreed to aquire WebEx for $3.2 billion in cash. In 2006, WebEx generated nearly $50 million in profit on $380 million in revenue. They have $300 million or so in cash on hand, so the net deal value is $2.9 billion.” Via TechCrunch

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