Announced
Completed
Financials
Tags
United States
software provider
Acquisition
Majority
Friendly
Software
Domestic
Private
Single Bidder
Completed
Synopsis
Cisco, a technology conglomerate, completed the acquisition of Socio Labs, a provider of on-site social commerce solutions. Financial terms were not disclosed. "The future of events, like the future of work, will be hybrid. With that comes increased complexity of creating inclusive experiences, and meaningful and measurable interactions for both virtual and in-person attendees. Socio Labs offers Webex powerful technology to provide customers with an unparalleled hybrid event management solution to engage participants whether they join in person or virtually," Jeetu Patel, Cisco Senior VP and General Manager.
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