[CNN Money]WebEx Secures Third Spot on Forbes Magazine's 25 Fastest-Growing Technology Companies List
WebEx Communications , the leading provider of on-demand collaborative business applications, has made the Forbes 25 Fastest-Growing Technology Companies list for the fourth year. This year's third place ranking places WebEx just behind Google and ImClone Systems. The ranking reflects the on-demand collaboration company's 131 percent compound annualized revenue growth over the past five years.
The 25 technology companies were chosen based on revenue growth over a five-year period. To be eligible for the list, a company must have at least $25 million in revenue, a five-year compound annualized revenue growth rate of at least 10 percent and a positive net income over the last 12 months.
