Cisco Acquires Versly(Group Collaboration Software)

Cisco Acquires Versly(Group Collaboration Software)



Cisco today announced that it has acquired privately-held Versly. Based in San Francisco, Versly integrates collaboration capabilities via a plug-in into Microsoft Office applications, simplifying the way people work by enabling more effective collaboration around content in documents, spreadsheets, presentations and email.

Versly integrates with Word, Excel and Powerpoint making it easy for groups to stay organized and on track – Anytime, Anywhere.

“Collaboration is a top priority at Cisco. With this acquisition we’re enhancing our collaboration offerings and improving the user experience by integrating social technologies within the business applications individuals and teams use at work,” said Murali Sitaram, vice president and general manager, Collaboration Software Group (CSG), Cisco.

“Furthermore, the integration with Versly will drive productivity improvements for organizations and their knowledge workers, many of whom are among the 600 million Microsoft Office users.”

Versly employees will be integrated into Cisco CSG. Financial terms of the transaction are undisclosed.