|Bid||590.00 x 0|
|Ask||594.00 x 0|
|Day's range||590.00 - 600.00|
|52-week range||108.81 - 606.00|
|Beta (5Y monthly)||0.64|
|PE ratio (TTM)||125.00|
|Earnings date||28 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||400.00|
Cisco's (CSCO) Slido acquisition is aimed at improving its Webex communications platform and fortify its competitive stance against the likes of Zoom Video and Microsoft's Teams app.
Cisco, the world’s leading provider of IP-based networking solutions, announced on Monday to acquire a London-based cloud communications software company IMImobile for 595 pence per share or an aggregate purchase price of nearly $730 million.
The IMImobile share price soared 50% on Monday 7 December! Tom Rodgers explains what lit a fire under the AIM-listed UK firm. The post Why the IMImobile share price shot up 50% on Monday appeared first on The Motley Fool UK.