Webex

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WebEx Communications
legal form Corporation (until acquisition by Cisco)
ISIN US94767L1098
founding February 1995
resolution March 2007
Reason for dissolution Takeover by Cisco
Seat Milpitas , California
sales $ 380 million (2006)
Branch Video conferencing
Website www.webex.de

Cisco Webex , formerly WebEx Communications Inc. , is a provider of video conferencing , IP telephony , instant messaging , file transfer, and screen sharing . All business-to-business collaboration products and services provided by Webex are part of the Cisco Collaboration portfolio and are provided as a whole by Cisco Systems as Software as a Service (SaaS).

WebEx Communications Inc. was taken over by Cisco Systems in 2007 and integrated into the company.

Services and products

Under the name Webex, Cisco offers various products for online collaboration between companies and colleagues. This includes, for example, video conferencing solutions or screen sharing functions. For larger companies, remote support solutions or various large, virtual meeting rooms are also available so that they can work together internationally. The individual products have a modular structure and can be adapted and expanded according to your own needs. In addition, the products are platform-independent, which means that mobile devices can also be used for remote collaboration.

history

WebEx logo until takeover by Cisco

Subrah Iyar and Min Zhu founded Silver Computing in 1995. After being renamed several times, the company renamed ActiveTouch, Inc. until it was finally renamed WebEx Communications Inc. six months before going public. In June 2000, WebEx went public and has already achieved sales of 8.3 million US dollars. Following the IPO, WebEx acquired larger companies as new customers, including 3M , Toyota and Hewlett-Packard , while companies such as AT&T integrated WebEx products into their own solutions.

In the following years, WebEx expanded to Europe and India and continued to win well-known customers such as Boeing . However, WebEx weighed on the announcement by Microsoft and Oracle that they would offer conference software themselves. Finally, on March 15, 2007, Cisco announced it would buy WebEx for $ 3.2 billion. At that time, WebEx had a profit of approximately $ 50 million on sales of approximately $ 380 million. Since the takeover, WebEx has been operating as part of Cisco Systems under the name Cisco Webex . The services continued to be offered and marketed as part of the Cisco collaboration portfolio.

distribution

Cisco Webex is considered the standard in the virtual meeting market. According to the company, the Chrome extension alone is to be used by around 20 million users worldwide. According to Cisco, up to three billion meeting minutes with a total of 52 million users are made available every month. During the COVID-19 pandemic in 2020 , Cisco announced it had hosted over 4.2 million meetings in one day.

As of January 2015, Windows XP support for Webex products has ended.

Vulnerabilities

The software from Webex and in particular the various browser extensions have been criticized in the past because security gaps have emerged. The use of the plug-in for the Firefox web browser was even globally blocked by Mozilla on January 23, 2017, so that access for Webex users had to be via the desktop software.

Web links

Individual evidence

  1. Frequently asked questions. In: webex.de. Retrieved August 7, 2017 .
  2. Tomaasz Tunguz: How Great Unit Economics Enables Startups To Weather The Storm - The Story Of WebEx. In: tomtunguz.com. May 7, 2015, accessed August 7, 2017 .
  3. WebEx Communications, Inc. - Company Profile, Information, Business Description, History, Background Information on WebEx Communications, Inc. In: referenceforbusiness.com. Accessed August 7, 2017 .
  4. Acquisition . Accessed on March 16, 2007.  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / investor.cisco.com  
  5. Michael Arrington: Cisco Buys WebEx for $ 3.2 Billion. In: techcrunch.com. Retrieved August 7, 2017 .
  6. a b WebEx: Bad security hole in Cisco's web conferencing. In: heise Security. Retrieved August 7, 2017 .
  7. ^ Connected and Secure: Webex in Today's World. In: Cisco Blogs. April 1, 2020, accessed April 3, 2020 (American English).
  8. Cisco WebEx Meeting Center Release Notes (version WBS29.11) - System Requirements and Feature Support (Cisco WebEx Meeting Center WBS29.11). In: cisco.com. Accessed August 7, 2017 .
  9. Web conferencing software: Cisco closes another critical gap in WebEx. In: heise Security. Retrieved August 7, 2017 .