Cisco (NASDAQ: CSCO) acquired Worklife, a San Francisco, CA-based provider of software to improve meeting productivity.
The amount of the deal was not disclosed.
Launched in 2014, Worklife provides an application that enables people to stay engaged before, during, and after meetings, from sharing agendas before the meeting, to taking notes during the meeting, and sharing those notes, as well as action items, after each meeting.
The company’s team will now report into the Cloud Collaboration Technology Business Unit under Cisco Senior Vice President and General Manager Jens Meggers. The current plan is that Worklife’s existing online meeting software will continue to be offered free to customers. Going forward, it will integrate into Cisco’s collaboration suite to enhance meeting productivity. Its premium features (custom templates, viewing team tasks, company branding, etc.) will now be completely free and paying customers will soon receive a refund of the entire amount they paid.
FinSMEs
17/10/2016