Latest Subrah Iyar Stories
SAN MATEO, Calif., Jan. 9, 2013 /PRNewswire/ -- Bertram Capital announced today its acquisition of Webex, Inc. a leading manufacturer of precision engineered rolls and specialized systems for web handling and converting applications. Based in Neenah, WI, Webex marks Bertram's second platform investment and third transaction in the plastic processing and web handling equipment industry. In addition to the equity investment in Webex, Bertram also provided subordinated debt to finance...
ROCHESTER, N.Y., Sept. 8 /PRNewswire/ -- Learning solutions provider Element K has partnered with Cisco to deliver WebEx(TM) offerings, including the Cisco WebEx Meeting Center, the Cisco WebEx Training Center Online Classroom, and the WebEx Event Center. These applications combine real-time desktop sharing with phone conferencing, so learners receive the full benefit of live instruction. Clients using Element K's KnowledgeHub(TM) LMS will have access to the WebEx Training Center Online...
On Tuesday, Cisco Systems Inc. introduced new network security products to help protect Web-based software and services from attacks on consumer networks. Big companies are moving a lot of their software and services online, trends often called "cloud computing" and "software as a service," to help users communicate and share information.These services help companies use less space and computer power, and are delivered through data centers. But, worries about viruses...
Cisco challenges Microsoft in collaboration technology LOS ANGELES, Sept. 24 (Xinhua) -- Cisco Systems on Wednesday announced an update to its suite of products used for business communications, intensifying its battle with Microsoft in that growing market. Joe Burton, chief technical officer for unified communications, said Cisco is improving the products' interoperability, integrating TelePresence -- a virtual meeting experience -- with its customer service software, and adding instant...
Cordys, a leading provider of Business Process Management Suite (BPMS) technology, today announced that Mark De Simone has joined the company in the position of Chief Sales and Business Development Officer. In this role, De Simone will be responsible for driving global sales of Cordys technology, penetrating new geographic markets, developing new delivery models, establishing a comprehensive partner model, and creating strategic alliances around the world. With Cordys revenue having grown...
SAN FRANCISCO - Cisco Systems Inc. (CSCO) said Thursday that it has agreed to acquire the online meeting company WebEx Communications Inc. (WEBX) for about $3.2 billion in cash.Cisco, the leading maker of routers and switches that direct data over computer networks, said it will pay $57 per share of WebEx. That represents a 23 percent premium over WebEx's closing price of $46.20 Wednesday on the Nasdaq Stock Market.Shares of WebEx soared $10.53, or more than 22 percent, to $56.73 in early...
