improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article s lead section may not adequately summarize key points of its contents . please consider expanding the lead to provide an accessible overview of all important aspects of the article . please discuss this issue on the article s talk page . january 2012 this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . january 2012 learn how and when to remove this template message learn how and when to remove this template message cisco webex type subsidiary industry telecommunications software and services genre web conferencing founded february 1995 headquarters milpitas california united states key people john chambers ceo frank calderoni cfo mark chandler cco blair christie cmo products webex meeting center webex training center webex support center webex event center webex sales center webex enterprise edition webex connect revenue us 380 million 2006 number of employees 10 000 2015 parent cisco systems website www.webex.com cisco webex formerly webex communications inc. is a company that provides on demand collaboration online meeting web conferencing and videoconferencing applications . its products include meeting center training center event center support center sales center meetmenow pcnow webex aim pro business edition webex weboffice and webex connect . all webex products are part of the cisco collaboration portfolio . all cisco webex products are offered by cisco systems inc. contents 1 history 1.1 securities 1.2 cisco acquisition 2 services 3 legal proceedings and inquiries 3.1 goldman sachs securities fraud investigation 3.2 raindance lawsuit for patent infringement 4 see also 5 references 6 external links history edit webex logo used by webex as an independent company subrah iyar and min zhu founded webex in 1996 1 under the name activetouch . 2 verification needed zhu had co founded future labs one of the first companies to produce multi point document collaboration software in 1991 . 3 zhu met iyar then a vice president and general manager of quarterdeck when quarterdeck acquired future labs in 1996 . iyar was named president of future labs which had become a quarterdeck subsidiary and the same year iyar and zhu went on to co found webex . on march 15 2007 cisco systems announced it would acquire webex for 3.2 billion . 4 david thompson the first vice president of marketing at activetouch coined the name webex in late 1998 as the company transitioned from its original software business model to relaunch as a saas company in 1999 . traveling software which changed its name in september 1999 to laplink software inc. 5 originally owned a software product called webex which shipped to the public in june 1996 . the laplink product called webex was a utility to be run as a companion to be used for offline web browsing a feature subsequently integrated within most commercial modern day web browsers . 6 traveling software registered the webex trademark in may 1996 . 7 in 1999 after the original founder of laplink returned as ceo traveling software laplink.com sold the rights to the webex name to the company known as webex . 8 securities edit before the purchase by cisco webex was featured in the nasdaq global select market . 9 cisco acquisition edit on march 15 2007 cisco systems announced that it had agreed to pay 57 per share to acquire webex . the deal valued webex at about 3.2 billion or 2.9 billion with webex s cash reserves factored into the price . webex s largest stockholder is jan baan with 9 % of outstanding shares . in a press release cisco said webex would become a part of cisco s development organization while maintaining its unique business model . 10 cisco has also said that its long term plan is to absorb webex at both a technology and a sales level . 11 webex is not a free platform like wiziq or moodle and fees are paid per host of a classroom or a meeting . some organizations however have started to integrate webex with moodle . 12 13 services edit at the time of the acquisition all webex applications were built on the mediatone platform and supported by the webex mediatone network originally called the webex interactive network 14 a global network intended for use with on demand programs . the network was designed by shaun bryant webex s chief network architect 15 and zaid ali sr network architect to be one of the first saas platforms on the internet . the company acquired intranets.com in 2005 providing entrance into the small and mid size business market through the company s customer base of businesses with fewer than 100 employees . it acquired the ability to offer online collaboration tools such as discussion forums document sharing and calendaring while intranets.com provided access to the webex communications environment for its customers . 16 on february 21 2006 aol and webex announced plans to launch a business version of aol s instant messaging software aim pro with additional features to help workers collaborate using conferencing tools offered by webex . on september 26 2006 the company announced plans to offer a web collaboration mashup platform called webex connect . 17 on november 17 2014 cisco announced an evolution of webex called project squared . 18 as of august 5 2015 webex will no longer work with windows xp . legal proceedings and inquiries edit goldman sachs securities fraud investigation edit as a result of a securities fraud investigation initiated by the sec and by various state attorney general offices goldman sachs faced charges of issuing unfair research including coverage of webex and ipo violations for the period 1999 to 2001 . webex management allegedly dictated to goldman sachs analysts what the research should and should not include . webex maintains the management s information was accurate . 19 another charge accuses goldman sachs of violating securities law in its allocation of shares in webex s initial public offering . 20 raindance lawsuit for patent infringement edit on september 27 2005 webex sued raindance communications inc. a competitor for patent infringement . on october 14 2005 raindance filed a countersuit against webex for patent infringement . both parties sought both damages and an injunction enjoining further acts they claim to be infringing on patents . 21 on march 31 2006 the parties agreed to the dismissal of both actions releases of claims for past infringement payments associated with those releases and cross licenses to each other s patents . the agreement resulted in webex receiving 1.0 million from raindance . 21 see also edit comparison of web conferencing software comparison of remote desktop software collaborative software references edit about webex . cisco webex . cisco . retrieved july 7 2010 . when webex was founded in 1996 by alessandro capper emerging digital communications standards ... led to the development of video conferencing ... http www.activetouch.com flannery russell . forbes rice fields yield internet riches november 4 2004 trask amy october 14 2002 . file bothell s laplink under s for survivor . the seattle times . trask amy october 14 2002 . file bothell s laplink under s for survivor . the seattle times . http www.allbusiness.com technology software services applications 7237951 1.html . retrieved july 31 2010 . missing or empty title help dead link trademark status & document retrieval at uspto.gov trask amy october 14 2002 . file bothell s laplink under s for survivor . the seattle times . another product webex was the first offline browser and was developed by a california startup laplink purchased in 1996 . but when offline browsing became an issue in the browser wars between microsoft and netscape communications webex was caught in the middle . ... laplink dropped the product and sold the name . webex selected for new nasdaq global select market webex press release june 27 2006 . http investor.cisco.com phoenix.zhtml c 81192 & p irol newsarticle & id 974299 . retrieved march 16 2007 . missing or empty title help dead link cisco outlines webex integration plans march 15 2007 it week moodle webex integration . webex moodle integration plugin . cisco devnet . developer.webex.com . retrieved on 2014 02 27 . http entreprise.jigsaw.com id70704 d80 webex communications inc it is business contacts.xhtml solhein shelley august 8 2005 . webex tools get intranets infusion . eweek . webex is expanding from connecting people to connecting process and applications in real time . http techcrunch.com 2014 11 17 ciscos new project squared collaboration tool gives webex a run for its money sec litigation complaint 18113 sec litigation press release for complaint 19051 a b webex communications inc 10 q external links edit official website official webex website in russia retrieved from https en.wikipedia.org w index.php title webex 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