Cisco to Acquire Five Across

Cisco Systems Inc. will acquire privately held San Francisco social networking vendor Five Across Inc.

The Five Across platform, Connect Community Builder, lets companies supplement their Web sites with user-generated content such as audio, video and photo sharing, blogs, podcasts and profiles.

The terms of the deal were not disclosed and it is expected to close by the end of April.

"Cisco believes the network is the platform for organizations to connect with their constituents and for individuals to connect with each other," said Dan Scheinman, senior vice president and general manager of the Cisco Media Solutions Group (CMSG). "With the acquisition of Five Across, Cisco is taking an important step towards helping its customers evolve their Web site experience into something more relevant and valuable to the end-user."

Five Across was founded in 2003 and has 11 employees. Upon close of the transaction the Five Across team and product portfolio will be integrated into CMSG.

Cisco Systems Inc. www.cisco.com  

Five Across Inc. www.fiveacross.com

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