The spring cleaning continues for Cisco Systems. We’re hearing rumors that the San Jose, Calif.-based company is shutting down its Eos social publishing platform as part of its ongoing restructuring.
Eos was aimed at helping media and entertainment companies to create websites and social networking features. The platform, which counted Warner Music Group as a major customer, was born out of Cisco’s 2007 acquisition of white-label social networking startup Five Across.
While Eos was by all accounts a very cool service, shuttering it is a smart move from a corporate strategy perspective. As evidence by the closure last month of its Flip business unit, the cool factor is no longer enough to keep a product in Cisco’s good graces. Cisco currently has all hands on deck in an effort to regain an edge in its core networking business, and non-core products such as Eos and Flip are some of the most obvious assets that need to be dumped.
No word yet on whether Cisco will sell off the Eos assets or just shut down the unit. We’ve reached out to the company for confirmation on the closure and more details, and will update this post when we receive a response.
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