Since $300 million was paid and AC brought on board, we haven’t heard much from the BU, AC, or Acompany. Did anyone figure out how to market or sell this thing? Seems like the only product released in 12 months was Flex (a subscription way to sell the same stuff). Curious what’s going on in Collab?
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accompany was a epic purchase. a rolodex of CIOs for $270 mil ? and their founder was on csco board also.
talk about a insiders club and waste of capital.
from the press release::
The acquisition of Accompany will enable Cisco to take collaboration to the next level with even more intelligence. Accompany's AI technology and talent will help Cisco accelerate priority areas across its collaboration portfolio, such as providing user and company profile data in Webex meetings. Together, Cisco and Accompany will continue to power the future of work in a smarter way to enhance customer experiences.
$300 M was price of AC. Accompany is worth nothing, mere college project.
Like alot of other companies they were better off before Cisco bought them.