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Cisco completes Tandberg takeover and offers to open source telepresence code

Apr 19, 2010, 23:02 (1 Talkback[s])
(Other stories by Ian Grant)

"Cisco has announced it has completed its £2.17bn acquisition of Norwegian video systems maker Tandberg and is launching a compulsory bid for the outstanding 8.9% shares it does not yet own.

"Marthin De Beer , Cisco's senior vice-president for its emerging technologies group, said the company "strongly believed" that telepresence, would allow everyone, everywhere, to be more productive through the pervasive use of video and face-to-face collaboration. The full Tandberg product line is now part of the Cisco TelePresence portfolio, he said."

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