Feeds

Cisco buys into video conferencing

$3bn? For video conferencing??

Intelligent flash storage arrays

Cisco is paying $3bn for Norwegian video conferencing specialist Tandberg.

The cash offer of 153.5 Norwegian Kroner for each Tandberg share represents a 25 per cent premium on the three month average share price. It has been unanimously accepted by Tandberg's board and is expected to close in the first half of next year.

Cisco said Tandberg products would be added to its collaboration products to improve how businesses communicate and share information.

Once the deal goes through, Tandberg's chief exec Fredrik Halvorsen will run the new TelePresence Technology Group, reporting to Marthin De Beer, senior VP of Cisco's Emerging Technologies Group.

Cisco's chief exec John Chambers said the two firms had very similar cultures and a "shared vision" of the future of business communications.

Video conferencing is one of several markets Cisco has marked out to make its own as it moves away from flogging routers. Cisco sells its own video conference products under the TelePresence brand. For companies unwilling to spend hundreds of thousands of pounds fitting out meeting rooms, Indian firm Tata will rent you such a space for a few hundred quid an hour.

Of course Cisco benefits from the direct sale and from related networking sales required by moving the data around the world.

Along with collaboration products Cisco is also going after the home entertainment operating system market, home electronics, blade servers and storage products.

Two years ago Cisco spent $3bn on WebEx which offers ways to share presentations and PowerPoint slides. Presumably this technology can be cross-sold with Tandberg's video conferencing bundles.

Tandberg has about 1,500 staff worldwide, with development centres in Norway and the UK. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
IBM, backing away from hardware? NEVER!
Don't be so sure, so-surers
Hey - who wants 4.8 TERABYTES almost AS FAST AS MEMORY?
China's Memblaze says they've got it in PCIe. Yow
Microsoft brings the CLOUD that GOES ON FOREVER
Sky's the limit with unrestricted space in the cloud
This time it's SO REAL: Overcoming the open-source orgasm myth with TODO
If the web giants need it to work, hey, maybe it'll work
'ANYTHING BUT STABLE' Netflix suffers BIG Europe-wide outage
Friday night LIVE? Nope. The only thing streaming are tears down my face
Google roolz! Nest buys Revolv, KILLS new sales of home hub
Take my temperature, I'm feeling a little bit dizzy
Storage array giants can use Azure to evacuate their back ends
Site Recovery can help to move snapshots around
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reducing the cost and complexity of web vulnerability management
How using vulnerability assessments to identify exploitable weaknesses and take corrective action can reduce the risk of hackers finding your site and attacking it.