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Cisco's amazing $3B buy of videoconf. vendor Tandberg |
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Written by Amanatullah khalil
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Friday, 02 October 2009 |
Cisco is set to acquire Tandberg, a Norwegian manufacturer of videoconferencing systems. $3 billion is a lot of money in today's economy, and values Tandberg significantly higher than the market. In IT Blogwatch, bloggers wonder if this means the recession is well and truly behind us.
Cisco Systems continued to show just how serious it is about video conferencing, announcing ... the $3 billion acquisition of Tandberg, a Norwegian video communications company. Cisco [sells] expensive, room-sized video conferencing systems. ... Tandberg ... also sells smaller-sized, cheaper conferencing units. In addition, Tandberg has specialized [management] software ... and [a gateway product] for creating connections between conferencing systems that rely on different underlying technology.
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Cisco’s corporate video conferencing products require the company to outfit a customer’s conference room with multiple, large displays, networking equipment and even special tables, chairs and wall paint. By contrast, Tandberg has a range of gear, including high-definition video systems that can sit on desks or be used with personal computers. |
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