Cisco announced that it wants to buy business communication company Voicea, to further strengthen its own collaboration/video-conferencing platform, Webex.
Voicea offers meeting transcription, voice search, and meeting highlights., By acquiring Voicea, Cisco hopes to add those functionalities to its Webex platform, especially in a way that bolsters Artificial Intelligence-driven, Cognitive Collaboration across an entire portfolio of products/services. Voicea’s technology could potentially help Cisco make meetings more engaging for people/businesses by allowing them to add calls to messaging streams, personalize and access transcribed notes among other features.
The company did not provide financial details for the potential acquisition.
WebEx is used by more than 130 million people a month.