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Thursday, February 8, 2007

social networking

Cisco Systems Inc., whose core business is selling the routers and switches that direct data traffic over computer networks, said it has acquired a small social networking company that allows businesses to create MySpace-like communities on their Web sites.Cisco said Friday that it was paying an undisclosed amount to acquire privately held Five Across Inc., an 11-person San Francisco company whose software allows companies to add user-interaction functions and multimedia-sharing capabilities to their Web sites.Five Across' publishing platform allows users to create personal Web pages and post photos, videos and audio clips, much like the proprietary system used by News Corp.'s MySpace.

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