Cisco: A Cloud Computing Company?

Yes Cisco ! Red Herring's report on Cisco's acquisition of PostPath last week presents a strong case for this.

• If finalized, PostPath would become Cisco's fifteenth acquisition in less than two years and its eleventh software application and services company.
• Cisco has bought its way into many application software-dominated markets, including cloud computing, social networking, collaboration, and now email.
• With cloud computing and social networking blurring the lines between networking hardware, application software, and services, many other traditional IT equipment companies have moved into the software application business.
• According to analyst, the emergence of cloud computing is changing the economics of networking hardware and software markets