What does Cisco want with a social networking site?
Posted by Ian Holsman
Mark Pincus just emailed me (and a million other users of tribe) that they had some news on tribe.
They sold the software and the engineering team to cisco.
I wanted to let you know that we have been working hard to ensure that Tribe will remain an independent and vibrant community. To that end, we sold the software to Cisco and most of the engineering team went along with the deal to reduce overhead.
My question to the ether is.
what does Cisco need a social networking site for? how does this fit into their corporate strategy?
Admittedly I don’t know all of which cisco does, but from a quick look they are focusing on infrastructure and hardware type things, not web services.
Mark goes on to say that tribe.net will be still up. So It sounds like they didn’t buy the user base.
color me confused.