Cisco Acquires Versly, a Collaboration Software Company

Cisco Systems has acquired Versly, a private startup that specializes on developing software and solutions for more effective collaboration and productivity. Financial terms of the deal were not disclosed.

Versly’s plug-ins let groups collaborate using Word, PowerPoint, Excel and email. The acquisition pairs well with Cisco’s goal of increasing business collaboration and social networking opportunities. Versly’s software will be integrated into several of Cisco’s collaboration offerings, including WebEx, Quad and Jabber.

Versly was founded in 2009 and received funding from Bay Area-based venture capital firms Accel Partners, Baseline Ventures and 500 Startups. The company has 10 employees, including a member of Sun Microsystems’ original Java team, who will join Cisco in its San Bruno office.



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