Tandberg acquisition builds on Cisco strength

Networking giant continues to build videoconferencing chops

Cisco Systems Inc. will broaden its teleconferencing capabilities with its planned $3 billion acquisition of Tandberg, another major videoconferencing player.

Cisco has built a strong business with its high-end Telepresence video conferencing system. Tandberg plays in that space but also has simpler, lower end conferencing products as well as software solutions to connect disparate systems, the New York Times reported.

The all cash deal is expected to close in the first half of 2010 after clearing European and U.S. regulatory hurdles.

Tandberg’s video endpoints and network infrastructure solutions will be integrated in Cisco’s collaboration architecture, the company said.

Once the deal closes, Tandberg’s chief executive officer, Fredrik Halvorsen will lead the new TelePresence Technology Group. He will report to Marthin De Beer, senior vice president of Cisco’s Emerging Technologies Group.


About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.