Thursday, October 01, 2009

Blockbuster deal: Cisco to buy videoconferencing vendor Tandberg for $3 billion

Hottest tech M&A deals of 2009 ; Hotels give nod to Cisco telepresence
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Cisco to buy Tandberg for $3 billion

Cisco has signed an agreement to buy videoconferencing vendor Tandberg for about $3 billion, it said on Thursday. Read full story

Related News:

Hottest tech M&A deals of 2009
A summary of who did the buying, who got bought, how much they went for and why.

Hotels give nod to Cisco telepresence
Starwood Hotels and Tata Communications announced plans to offer telepresence facilities while Marriott Hotels and AT&T announced a similar partnership plan. Both partnerships plan to use Cisco as the telepresence infrastructure supplier.

Cisco rolls out low-end ($89K) telepresence system
Cisco announced at VoiceCon Orlando a lower cost telepresence system designed for deployment in existing teleconference rooms without upgrading them to accommodate top-of-the-line telepresence gear.

Cisco upgrades its telepresence and unified communications portfolio
Cisco in April announced a series of upgrades to its unified communications and telepresence portfolios.

Tandberg announces Profile videoconference system
Tandberg early this year introduced a high-definition videoconferencing system that falls short of the total-immersion telepresence experience provided by some of its other products, but it also costs significantly less.

Tandberg uncorks telepresence package
Tandberg last fall introduced a room-based telepresence package it says can integrate with existing videoconferencing gear so businesses can upgrade with out dumping the equipment they now use.

HP, Tandberg team for soup-to-nuts telepresence
Late in 2008, HP and Tandberg teamed up to provide a single source for telepresence gear as well as installation and monitoring.

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October 01, 2009

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