inasisi - 8:39 pm on Mar 16, 2007 (gmt 0)

$3.2 , Are they insane?

$3.2 billion might look like a big number but Webex is a profitable company with a very good brand. It's share was trading at $46 and Cisco is now offering a premium of around 22% which is not excessive in the field of M&A. Well it all comes down to how Cisco will manage the process of merging it.