The folks at Cisco want to make working together a little easier. The company announced that it is acquiring two-year old startup Versly, which provides a tool that allows users to collaborate inside of Microsoft Office.
Collaboration Is a Cisco Priority
Cisco, positioned as a "strong performer" in the recent Forrester Wave report on Enterprise Social Platforms, has been focused on collaboration for some time. The company previously acquired WebEx and several smaller companies that provide collaboration tools, and, earlier this year, Cisco listed collaboration as one the five key priorities in its new streamlined business model.
The company is continuing its efforts to expand its collaboration offerings with the acquisition of Versly. Versly provides a plugin, which appears to still be in private beta, that allows users to share, collaborate, track revisions and merge Microsoft Office content in applications such as Word and PowerPoint.
According to Cisco representatives, Versly's technology will be integrated into a number of Cisco collaboration products like Cisco Jabber, Cisco Quad and Cisco Web Ex. Cisco hopes the integration of Versly’s tools will provide productivity improvements to the existing collaboration products.
In addition to the software, Cisco is also gaining a team that is familiar with collaboration tools and offering them in a software-as-a-service model. Once the deal is completed, Versly employees will be integrated into Cisco’s Collaboration Software Group.