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Monday, September 22, 2008

Cisco Buying Jabber

Cisco Systems Inc. announced on Friday that it will acquire instant-messaging software developer Jabber Inc. “With the acquisition of Jabber, we will be able to extend the reach of our current instant messaging service and expand the capabilities of our collaboration platform,” Doug Dennerline, senior vice president of Cisco's Collaboration Software Group, said in a statement. The deal is expected to close in January. Globe and Mail story.