Cisco's (CSCO) move comes at a time when videoconferencing is becoming more pervasive among consumers, thanks to video chat sessions now widely available through such offerings as Google's (GOOG) Gmail, Apple's (AAPL) FaceTime or Skype. And many of these people who are comfortable with the technology may be working for companies that are exploring the use of videoconferencing to cut down on their travel expenses or help co-workers to collaborate. Over the years, Cisco has poured billions into expanding its TelePresence offerings.
These products, which Cisco acquired via its $3.3 billion acquisition of Tandberg earlier this year, connect to the Cisco Unified Communications Manager. However, Cisco's TelePresence systems don't come cheap, according to ZDNet, potentially reaching into the $250,000 range.
The networking behemoth also announced its Cisco WebEx Meeting Center that aims to deliver high-quality video for teleconferencing and simplify the process of jumping onto a video call through the Cisco WebEx One Touch. Cisco, who's stock took a beating last week after its lowered future guidance spooked investors, is also throwing a little cloud magic into the mix through its hosted TelePresence Exchange System.