9 Biggest Buyouts in Internet Stocks History
These multibillion-dollar buyouts weren't all winners
#8. Cisco Systems Buys WebEx
Sale Price: $3.2 billion
Inflation Adjusted Price: $3.6 billion
Enterprise tech giant Cisco (CSCO) purchased Webex, an online collaboration software company that was the standard at the time for video conferencing and web-based presentations.
Cisco has done a lot over the last few years to restructure itself after overreach into areas including consumer electronics, but interestingly WebEx is still alive and well and actually a good example of how CSCO has refocused on web-based solutions for businesses as a growth engine. That kind of reorganization has helped make CSCO one of the most dominant internet stocks.
Article printed from InvestorPlace Media, http://investorplace.com/2014/02/internet-stocks-goog-msft-aol-fb/.
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