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Current DateTime: 09:25:37 28 Nov 2009
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Expiration DateTime: 11/28/2009 9:27:11 PM
    • The Good Entrepreneur Winner 

        Mathew Holloway, co-founder of Artica Technology, was revealed as the winner of CNBC's The Good Entrepreneur competition Thursday. Holloway will receive a prize fund worth 250,000 euros toward Artica's low-energy alternative to air conditioning.

    • Investing in Innovation in the UK 

        During the slowdown innovation companies struggled to raise financing to get off the ground. But now is the time to invest in new technologies, according to UK Innovation Investment Fund. Lord Drayson, UK Science & Innovation Minister, discusses the creation of the 15-year £1 billion fund aided by the UK government.

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Cisco Considers Taking on Microsoft's Office Suite
By: Reuters | 30 Jun 2009 | 05:59 PM ET
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AP

Cisco Systems Inc. [CSCO  Loading...      ()   ] is considering offering Web-based alternatives to Microsoft's [MSFT  Loading...      ()   ] popular Office software as the networking giant expands on the Internet.

Cisco Senior Vice President Doug Dennerline said on Tuesday his company may develop a service that would allow business users to create documents they could draft and share through its WebEx meeting and collaboration service.

Internet-based alternatives to Microsoft Office cropped up about five years ago, but corporate users have yet to embrace them. If the approach does take off, it could become big business: Microsoft's Office division rang up sales of $60 billion in the software company's most recent fiscal year.

Google Inc. [GOOG  Loading...      ()   ] offers Google Apps, an Internet-based alternative to Microsoft Office that includes a spreadsheet, word processor and presentation software.

Dennerline, who manages Cisco's online collaboration products, said he is interested in getting into that area.

"That is an interesting space. We are certainly thinking about that," he said on Tuesday during an online news conference. He did not elaborate.

WebEx services currently includes online meetings, email and instant messaging.

He also said Cisco is not interested in competing with Salesforce.com Inc in selling online applications that companies use to manage sales and marketing activities.

Analysts have long speculated that Cisco planned into that business.

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