John Chambers on why Cisco never bought Skype — Tech News and Analysis: “Cisco, which is famous for its acquisition strategy, may have made a rare flub with Skype. But since Cisco passed on the deal it’s still trying to exert some influence over Skype and its new owner Microsoft, via the European Union. ”
At the time Skype was for sale, Cisco has just announced the Flip failure and closed many other business units, there was a fair bit of press coverage suggesting that John Chambers was past it, and it was time for him to go. If Cisco had attempted to pony up an $8 billion bid for Skype the shareholders, who have only received their first dividend after ten years of flat share price, may have taken a fair chance to revolt against the management team.
It’s just gloss to say “because it couldn’t see a way to do a deal without upsetting its service provider customers, according to Cisco CEO John Chambers.” Skype is already in play, and the Microsoft is a much worse threat to Service Provider revenue than Cisco ever would be. Skype on every Windows computer is not a threat ?
Bah, Uncle John. Nice try, no points.
But hey, if you are still standing, then you get a chance at rewriting history. Stay in the game long enough and you can eventually find a way to win.