In a move foreshadowed in his last interview with Light Reading, former Cisco Systems Inc. (Nasdaq: CSCO) executive Mike Volpi may have found a new home as CEO of online video startup Joost , according to a report citing unnamed sources.

Volpi is said to be talking to Joost about its top job, where he would replace Fredrik de Wahl, who has served as CEO since the Joost project was announced.

Volpi has long been familiar with the Joost family; Joost founders Janus Friis and Niklas Zennstrom also founded Skype Ltd. , where Volpi served on the board of directors.

Index Ventures , which led Joost's most recent funding round with Sequoia Capital , was an early investor in Skype. And both Index and Sequoia had also put money into Google (Nasdaq: GOOG)- and Skype-backed WiFi startup Fon , where Volpi was a board member. (See Google, Skype Back WiFi Startup and FON Raises $21.7M.)

Volpi made his name as a Mover & Shaker at Cisco, where he was last in charge of the company's Routing and Service Provider Technology Group. Over a 12-year period, he was on board for an acquisition spree in which Cisco bought more than 70 companies, and he held a number of executive titles, including CTO. (See Volpi Out at Cisco, Cisco Reorganizes Telco Team, and Volpi's Greatest Hits.)

While he was often thought of as a possible successor to Cisco CEO John Chambers, Volpi told Light Reading that specific job is not one he craved.

If Volpi takes the Joost job, the move would underscore other comments he made to Light Reading shortly after his departure from Cisco. In that discussion, Volpi played down his interest in a chief executive position at a large publicly held company, but said he would be open to "being CEO of a smaller firm that offers a chance to grow, but has less of a 'public life/stress thing.' " (See Volpi Sizes Up Life After Cisco.)

But comments he made about the online video market make one wonder if he might have known he would end up at a company like Joost:

— Ryan Lawler, Reporter, Light Reading