Weekly Money Trail- 08/01/2008
Cisco Systems has agreed to acquire software company Pure Networks for $120 million in cash as the networking giant expands its consumer product portfolio. This is Cisco’s first acquisition of a venture-backed company since it announced in November that it would acquire Securent, a provider of policy management software, for $100 million in cash. Cisco, [...]
Read MoreWeekly Money Trail 7-4-2008
Microsoft throws it’s weight behind Semantic light weight, POWERSET.COM Powerset has been closely watched as a potential challenger to Google because of its search engine’s ability to understand both the meaning of search queries and the language of a Web page in order to match the two together. Google has generally eschewed natural-language search in [...]
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