I’ve heard from a trustworthy source that we finally found a buyer for Webex. My source wouldn’t divulge who - guessing private equity.
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Fake news. Geesh people don’t be so gullible
@2kzm+1mkJNxnI That article was two years ago when there was a chance of turning things around. Things change. Even CR isn’t dmb enough to keep trying a failure at this point.
Doubtful. This article is 2 years old, but it does a good job explaining some of the reasons why the sale rumors will probably just stay rumors.
https://www.nojitter.com/ucaas/why-cisco-opted-not-sell-or-spin-webex
without Cisco's network infrastructure, Webex is just piece of SHXT
Webex has horrible user experience. unlike teams, it somehow require you to click submit 2 times to join a meeting; it somehow remember you let it call your cell phone from last meeting and call you on that instead the computer audio, even though you did not ask it in new session; it is so unusable on the gui and we all flow to Msoft teams, easy to use and integrated with outlook , Webex is separate app everywhere. and has to install a plug-in every time, overall same bad guy over 12 years ago, definitely avoid it..
Time Warner will buy WebEx for $7 million. Cisco paid $3.2 billions for it in 2007. Buy High, Sell Low.
Lol - without WebEx, cisco is not relevant in any market.
@1xcn+1mkJNxnI You live in a fantasy land. CUCM fell off a cliff, hardly anyone buys handsets any more and when they do they are cheap yealink. The future is now old man.
go away! Webex, which ruined Cisco Collab and wasted huge amount of resource of Cisco.
@zlb+1mkJNxnI No. But have you seen the ongoing massive revenue from UCM renewals? Or the rebranding of devices to remove Webex from the name? Or the sales of handsets for third party registration?
@yse+1mkJNxnI Webex is collab now. Have you been out with covid for the last three years?
Webex or Collab. They're inseparable
Is it the same source as for RTP rumors?
@buz+1mkJNxnI Employees are included in the sale.
Fake News
If true, what does that mean? Those that exclusively support Webex, like CSMs, will no longer be Cisco employees? If that is the case, will they get opportunities to stay with Cisco similar to a reorg?
So…I heard a juicy rumor with zero proof. A rumor that comes up quarterly tied to an anonymous source.
This will be announced shortly. They got a great deal because CR didn’t want it’s declining revenue dirtying every earnings report.