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."