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Cisco Systems to Acquire Socio Labs

05/12/2021 04:54

08:38 AM EDT, 05/12/2021 (MT Newswires) -- Cisco Systems (CSCO) has agreed to acquire privately held digital marketing firm Socio Labs. Financial terms were not disclosed.

Socio Labs will expand Webex offerings with capabilities that include live streaming, sponsorship, participant networking and advanced analytics, along with attendee engagement.

The deal is expected close in Q4 of Cisco's fiscal 2021, according to a Wednesday news release.

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