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Cisco Weaves Its SaaS Web

Stock quotes in this article: CSCO , HPQ , CTXS , MSFT , AMZN  

Tech bellwether Cisco(CSCO Quote) has been beating the Internet services drum at its CiscoLive! event in San Francisco, outlining more of its plans for Web conferencing, voice and video.

The networking giant, keen to open new revenue streams, recently invoked the wrath of partner Hewlett-Packard(HPQ Quote) when it entered the server market. The blade-based Unified Computing System (UCS) is the firm's latest attempt to bring in revenue outside of routers and switches. Cisco has also had a significant Web conferencing presence since acquiring WebEx for $3.2 billion in 2007, and is now pushing this as part of its broader Software-as-a-Service (SaaS) strategy.

"There's lots of really good things we're working on in terms of this market," said Doug Dennerline, senior vice president of Cisco's collaboration software group, during a video conference with journalists and analysts Tuesday. ...

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