Reportedly, Cisco Systems, Inc. (CSCO) announced the completion of the acquisition of Socio Labs, Inc., an event technology platform that will become a part of Cisco’s Webex cohort, post the buyout. The addition is expected to benefit Cisco in terms of customizable and inclusive offerings, primarily access to actionable data insights on customers can help Cisco to further enhance offerings in the future.
Executive Vice-President and General Manager at Cisco Jeetu Patel stated, “The acquisition of Socio Labs is another example of how Cisco is rapidly addressing the evolving needs of our Webex customers and continuing to execute on our vision of providing the most seamless, inclusive, engaging and intelligent platform for meetings and events.”
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