Cisco Systems Inc, the world's largest maker of networking equipment, agreed to buy PostPath Inc for $215 million, adding e-mail and calendar software to challenge Microsoft Corp. PostPath's programs compete with Microsoft's Exchange, which runs e-mail and organising systems for corporations. The software will be combined with Cisco's WebEx video-conferencing product, acquired last year for $2.63 billion, the company said in a statement. Cisco and Microsoft are battling for customers that want to curb travel expenses by substituting Web conferences for face-to-face meetings.
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