Cisco Will Buy Socio Labs To Enhance Webex Events Cisco reveals plans to plans to acquire event platform maker Socio Labs in a deal that will boost live streaming, participant networking and attendee engagement for large-scale, hybrid events. By Gina Narcisi May 12, 2021, 12:10 PM EDT Cisco is continuing its recent acquisition spree with plans to acquire Socio Labs, an events technology startup based in Indiana. The deal will boost Webex’s events capabilities around live streaming, sponsorship, participant networking and advanced analytics, and continuous attendee engagement before, during and after events, according to Cisco. The tech giant has been aggressively building out the Webex platform, a sought-after collaboration tool that has risen in popularity over the last 15 months as a result of the global COVID-19 pandemic. Cisco has added more than 400 features to Webex in less than a year and has closed three acquisitions for technology that’s been added to the Webex portfolio.