If you ever watched the later seasons of 24, you'll recall that Jack and his buddies at the Counter Terrorist Unit were always using Cisco Telepresence for video-conferencing. That was no surprise. John Chambers, Cisco's CEO, has long thought that Cisco should be thought of as not just the big dog of networking, but of Voice over Internet Protocol (VoIP) and video-conferencing as well.
Indeed, if you were ask people about VoIP, I have no doubt that, Skype, and not Cisco, would be the first brand to spring to mind. After all, Skype has become almost omnipresent in PC-based VoIP and video-conferencing despite the best efforts of rivals ranging from Cisco to the business video-conferencing vendors such as Polycom and Tandberg to would-be contenders for small-office/home (SOHO) video-conferencing like ooVoo.
I suspect that what Chambers thought was, "If you can't beat them, buy them."
A Cisco buyout for Skype makes sense for Skype as well. Skype, despite some efforts such as trying to combine VoIP with private branch exchange (PBX) and Unified Communications systems with Skype Connect, may be popular with people in general, but it's never made much of an impact in the corporate markets. I'm sure Skype's private equity owners would also welcome a buyout more than casting their bread on the uncertain waters of a Skype IPO in this shaky market.
So, there you go. Cisco gets instant brand-name VoIP/video-conferencing recognition throughout the world, Skype owners get cash, and Skype developers should be gainfully employed for the next few years. It sounds like a win-win to me. What do you think?