Cisco Systems Inc. has launched a $599 home video conferencing system, a high-quality rival to Skype and other low-cost providers, as the network equipment maker seeks to expand in the consumer market, Reuters reports. The high price, and a $24.99 monthly fee, might make it tough for Cisco to win much of a following among consumers, many of whom are using free online video chat services, analysts said. But they also said the move shows the company is set on keeping up double-digit revenue growth even as its traditional routing equipment business matures, by expanding its target from business clients...

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Laura Ascione

Laura Ascione is the Managing Editor, Content Services at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. When she isn't wrangling her two children, Laura enjoys running, photography, home improvement, and rooting for the Terps. Find Laura on Twitter: @eSN_Laura