Cisco, Microsoft gear up for growing battle

Cisco Systems Inc. and Microsoft Corp. often describe themselves as partners, but they increasingly look like rivals as they compete to bundle e-mail, phones and other communication tools into a single system.

While both companies are leaders in their respective fields of network equipment and software, Cisco and Microsoft separately announced this week significant acquisitions that show they are gearing for a fight.

Cisco said on Thursday it planned to buy online video conferencing company WebEx Communications Inc. for $2.9 billion. A day before, Microsoft said it will buy Tellme Networks Inc., a privately held speech-technology company.

Read Full Article from Reuters.uk

- Posted: 2007-03-16 10:07:53

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