InfoAnda - Cisco bets on video again with $3 billion Tandberg buy

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Sony to buy Chinese LCD screen maker | 2 February 2011
Australia willing to discuss China currency plan | 27 March 2009
Report: Kidnap suspect improperly supervised | 5 November 2009

Spain's new-car subsidies 'to expire in mid-2010' | 29 December 2009

Forum Views () Forum Replies ()

Read more with google mobile : Cisco bets on video again with $3 billion Tandberg buy | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Cisco bets on video again with $3 billion Tandberg buy Thu Oct 1, 2009 9:56am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Georgina Prodhan and Aasa Christine Stoltz LONDON/OSLO (Reuters) - Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest big bet that video will drive demand for its core data transmission gear. The acquisition will fill the wide gap between Cisco's high-end TelePresence video meeting service for executives and its WebEx tool used by millions of office workers for online meetings, and could bring videoconferencing to a mass market. Tandberg's board has recommended the Cisco offer to its shareholders and Chief Executive Fredrik Halvorsen told investors that major shareholders had voiced support for the offer of 153.50 Norwegian crowns ($26.49) a share. Halvorsen will continue to lead the unit if the acquisition goes through. Shares in Tandberg, which had almost doubled in value this year by persistent takeover speculation, were 11 percent higher at the offer price of 153.5 crowns by 1348 GMT on Thursday, having traded at up to 156 crowns earlier in the day. Cisco's shares were little changed in early U.S. trade, at $23.56. In October 2008 Tandberg ended takeover talks with an unnamed private equity player, blaming market turmoil. A person familiar with the matter said the bidder was technology specialist Silver Lake Partners. "This (the Cisco offer) sounds like a pretty good price so I would think it will end up there," said analyst Martin Hoff of Arctic Securities. "But the bid will stand for four weeks and there might be other (offers)." Potential rival suitors include Hewlett-Packard, which is also active in Web collaboration. The market has also linked telecoms gear maker Ericsson with Tandberg. DnB NOR Markets named in a report on Thursday Juniper, IBM, Sony and Siemens. The offer values Tandberg at about 23 times 2010 earnings, analysts say, slightly above U.S. rival Polycom's multiple of 21.7. MORE AGGRESSIVE The acquisition, if approved by shareholders and regulators, will be Cisco's biggest deal since the world's top maker of internet routers and switches bought WebEx for $3.2 billion in 2007. Chief Executive John Chambers said Cisco, which had a cash pile of $35 billion as of July 25, would step up the pace. "You're going to see us more aggressive over the next 12 months than you have seen us as a company," he told a news conference in Oslo. "We will be very aggressive with internal start-ups, partnering ... and also in acquisitions." Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: UPDATE 4-Cisco bets on video again with $3 bln Tandberg buy Also On Reuters Blog: Another Iran mystery, foreign minister visits D.C. Moment of truth for Obama factor in 2016 Olympic bid The way we watch is TV confounding media industry More Technology News New media upends TV ratings system Virtual economies in videogames used as case studies Online education expanding, awaits innovation EU launches free satellite system to fine-tune GPS Verizon discontinues Internet Hub phone More Technology News... Related News Tandberg: Cisco bid backed by major shareholders 9:56am EDT Cisco says to stay aggressive in acquisitions 9:56am EDT Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Many swine flu deaths linked with second infection Olympics-2016 Games could be the last, says Tokyo governor China marks 60 years with spectacle of power | Video Samoa quake exposes tsunami warning limitations Thousands feared dead after Indonesia quake | Video French support softens for Polanski, Hollywood divided Israel rethinks anti-Iran warnings New media upends TV ratings system U.S. senators vote to encourage healthy behavior | Video Philippines raises alert for new super typhoon Most Popular Articles RSS Feed Video Counter-insurgency at a crossroads Amateur video captures Samoa flood Healthcare bill setback for Obama Aid heads to Samoan Islands China security tight pre-anniversary Economy key in Greek elections Indonesia rocked by earthquake Tsunami carnage in American Samoa Iran, major powers head to Geneva Samoa survivor recalls tsunami Most Popular Videos RSS Feed interview Google CEO says deals "on again" Google Chief Executive Eric Schmidt said acquisitions are "turned on again" at the Internet company and expects to do one small deal a month instead of hiring new staff. Full Article Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Journalism Handbook | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 1 October 2009
Probe says Georgia started war amid Russian provocation
UN chief dismisses deputy head of Afghan mission
Terminate prostitute site, British minister tells Arnie
US revision shows recession winding down
UN fires top US official at UN in Afghanistan
Google inviting testers to ride its Wave
Internet, dissidents under watch for China's National Day
China marks 60 years with spectacle of power | International |
Israel to free prisoners for video of held soldier
Singapore sets up body to prevent cyber-attacks
Israel and Hamas in mutual gestures on prisoners
Georgia started war with Russia: EU-backed report | International |
US agrees to greater international oversight of Web body
UN chief fires deputy head of Afghan mission
Distracted driving blamed for 5,800 U.S. deaths
Peru's Fujimori gets 6 years prison for bribes | International |
TerreStar, AT&T to launch satellite smartphone
Red Cross warns of complacency in still-bloody Iraq
Microsoft wins overturn of $388 million patent award
Guinea junta calls for national unity government | International |
Iran says talks are "test" as U.S. weighs sanctions
US: Iraq budget shortfall poses security challenge
German police break up Internet child porn ring
Village Green, Microsoft partner on carbon tool
More than 1,000 feared dead in major Indonesian quake: officials
Beijing shuts down for National Day gala
Britain asks Schwarzenegger to close prostitute web site | Technology |
Scandal-hit UN program resumes aid in NKorea
Diplomat says US open to dialogue with NKorea
Senators reject photo ID for health care benefits
5-year-old found unhurt after Calif. shootings
NYPD: Pedestrian collision ends in fatal stabbing
Sharapova, Jankovic reach Pan Pacific Open quarters
Missile attack on militants kills 6 in NW Pakistan
Conservationists sue EPA over prairie dog poison
Vick to repay $416,000 to pension plan
Free-to-air services help mobile TV market: chip firm | Technology |
Maine neighbors honor Bush with Navy anchor
UN wants probe into Sri Lanka camp shooting
Indonesian land-clearing fires cause choking haze
Hillary Clinton likes being president for a day
NRC finds problems in NJ nuke plant emergency
Feds: rudder loss led Alaska fishing boat to sink
At least 113 dead in Pacific tsunami: officials
Religion News in Brief
Japan clothes giant Uniqlo takes on world's fashion capital
Matt LeBlanc returning to series TV on Showtime
Indonesia dresses up after batik 'victory' over Malaysia
After outcry, France softens tone on Roman Polanski case
Beauty bug bites Beirut's littlest
Bharti, MTN abandon merger talks
ENI wins Pakistan gas block, in Caspian talks
Japan ready to support ailing JAL: minister
'Big Brother' changed TV, Dutch creator says 10 years on
China dissidents say unhappy birthday
Danone exits Wahaha joint venture in China
Taiwan to show critical Tibet, Xinjiang films on China's National Day
Japan PM says government will back JAL
China fund buys $949M stake in Kazakh oil producer
Deadly epidemic of distracted driving sweeping US: official
China, Japan honoured by UNESCO heritage board
Emirati sheikh emerges as top Lacroix suitor
After outcry, France changes tone on Roman Polanski case | Entertainment |
Japan needs major reforms for growth, OECD says
Hugh Craig, Daniel Jackman sell out on Broadway | Entertainment |
Pakistani stocks end lower; rupee firms
China orders crackdown on industrial overcapacity
More than 1,000 feared dead in major Indonesian quake: officials
Indonesia quake kills 75, thousands trapped
Michelle Moran mixes love of history with writing | Entertainment |
Powerful earthquake rocks western Indonesia
Author Chinua Achebe puts pen to page after 20 years | Entertainment |
Obama holds 'candid' talks on Afghan war
Germany's Oktoberfest shrugs off terror threats
US-TECH Summary
China marks 60 years with spectacle of power | International |
Embattled Bank of America CEO Lewis to retire
US superrich lose 300 bln dlrs in a year: Forbes
Indonesia quake death toll may be thousands | International |
U.S. and Iran to face off at six-power nuclear talks | International |
Comcast denies it has deal to buy NBC Universal
Iran pressed to clear up nuclear aims at talks
GDP revision shows recession winding down
NBA prohibits use of Twitter, Facebook during games
Asia typhoon toll 350, floods in Vietnam, Cambodia | International |
UN demands end of sexual violence as tactic of war
U.S., Iran to face off at six-power nuclear talks
Obama holds 'candid' Afghanistan talks with top aides
Koreans, split by war, distraught after reunions | International |
Nortel to sell GSM business
US: Iraq budget shortfall poses security challenge
Sudan parties threaten to boycott elections
Google gadget lets websites go multilingual
'Baghdad ER' turns off the lights
Honduras' Micheletti backs off Brazil deadline | International |
Tsunamis turn South Pacific paradise to deadly hell | International |
NY Times planning local editions for other US cities
Most Americans dislike behavioral advertising: survey
Hamas, Israel deal: 20 prisoners for soldier video
Somali rebel groups fight in southern port | International |
Verizon discontinues Internet Hub phone
Facebook warns of phony friends asking for cash
Sony's PSP go delivers tighter handheld gaming
Xmas orders bring labor shortages in China export hubs | International |
New media explosion upends TV ratings system | Technology |
Indonesia quake death toll may be thousands
Verizon discontinues Internet Hub phone | Technology |
Second quake hits Indonesia's Sumatra
Comcast denies it has deal to buy NBC Universal | Technology |
Koreans, split by war, distraught after reunions
Japan's PM to visit SKorea: officials
Nortel to sell GSM business | Technology |
Obama hears opinions on new Afghan strategy
Philippine floods victims brace for another typhoon
US hopeful from first talks with Myanmar
China celebrates National Day extravaganza
Vigils planned for captive hikers in Iran
Robbery suspect escapes from NYC courthouse
US Congress triples aid to Pakistan
Settlement blocks Yosemite commercial development
SC gov asks court to keep ongoing probe secret
Marine spared prison time for killing detainee
Developments around the world in Pacific tsumani
Empire State Building lit for China, drawing ire
W.Va. meet led to Klamath dam removal, salmon aid
Google working on smart plug-in hybrid charging | Technology |
U.S. judge refuses to release interrogation documents
Seoul shares extend loss as exporters hit by won
S.Korea mortgage loans decline slightly in Sept
S.Korea KOSPI extends losses as exporters hit
South Korea's Sept exports lift won, rate outlook
Bangladesh set for record IPO
S.Korea Oct crude runs to rise from Sept -survey
S.Korea Q3 FDI plans hit three-quarter high
Japan's business confidence grows: BoJ
Powerful Indonesia quake traps thousands in ruins
French support softens for Polanski, Hollywood divided
S.Korea ready take action in FX market
Strong Indonesia quake kills 200, traps thousands
S.Korea treasury bonds up on smaller issuance plan
Indonesia quake death toll at 100-200
New media explosion upends TV ratings system | Entertainment |
Scores killed as quake hits Indonesia: official
Argentina, Uruguay bury hatchet to snatch tango honor
A-list young actors have thirst for Wettest County | Entertainment |
CORRECTION: Hugh Jackman, Daniel Craig sell out on Broadway
Pay or be blamed for son's death, Travolta told | Entertainment |
Dozens killed in Indonesia quake: health ministry
Handguns, terrorism law on US Supreme Court docket
French support softens for Polanski, Hollywood divided | Entertainment |
'General Hospital' star checking into another soap
Mitzi Gaynor returns to isle of "South Pacific"
LeBlanc to play LeBlanc in TV spoof Episodes | Entertainment |
Gays, lesbians getting better showcase on U.S. TV
Ramones biopic draws studio interest | Entertainment |
US superrich lose 300 bln dlrs in a year: Forbes
Gays, lesbians getting better showcase on U.S. TV | Entertainment |
Pearl Jam tops chart for first time in 13 years
Paul McCartney to release CD/DVD of NY shows | Entertainment |
Paul McCartney to release CD/DVD of NY shows
Hugh Jackman, Daniel Craig sell out on Broadway | Entertainment |
Pulp Fiction screenwriter jailed for fatal crash | Entertainment |
Sony's PSP go delivers tighter handheld gaming
EU launches free satellite system to fine-tune GPS
Global recovery strengthening but risks high: IMF
World economic recovery 'has started': IMF chief
Iraqi PM ditches old Shi'ite allies for Jan polls
Ex-prosecutor says he lied about Polanski case: report
Iran, world powers begin talks on nuclear deadlock
Israel says Gaza war report threatens peace efforts | International |
Travolta testifies in extortion case
UN Afghan envoy says sacking 'terrible signal'
Provide details on Taliban, Pakistan tells U.S. | International |
Romanian leftists quit coalition government | International |
Suu Kyi lawyers hopeful for Myanmar appeal
Sabotage behind refugees' boat blast: Australian police
Virtual economies in videogames used as case studies | Technology |
Sect member asks judge to exclude allegations
Online education expanding, awaits innovation | Technology |
Search on after boat capsizes in India, dozens dead
Wildfire on California base 50 percent contained
Cisco bets on video again with $3 billion Tandberg buy | Technology |
NKorea diversifying threats against SKorea: president
Vegas judge binds ACORN, former employee for trial
EU launches free satellite system to fine-tune GPS | Technology |
New inquiry ordered into deadly Afghanistan battle
Noordin's wife leaves for Indonesia to claim body
Taiwan seeks extradition of 75 fugitives from US
Britain asks Schwarzenegger to close prostitute website | Technology |
China to sign Taiwan pact after Kadeer ban: report
Aid flows to tsunami-hit Samoas; death toll at 120
Rise of NBA star Lebron James charted in documentary
Pakistani stocks end lower; rupee flat
Black music awards honour Michael Jackson
Vehicle sales in Japan rise for second month
Ramones biopic draws studio interest
China to sign Taiwan pact after Kadeer ban: report
A-list young actors have thirst for "Wettest County"
New media upends TV ratings system
Seoul auctioneer seeks to sell more Hirsts to Asia
LeBlanc to play LeBlanc in TV spoof "Episodes"
S.Korea seen buying up to $2 bln to check won's rise
China govt PMI shows recovery on track: govt
Flavor Flav heads back to high school
IMF raises world growth forecast, remains cautious
French minister doubts U.S. fairness to Roman Polanski | Entertainment |
Pakistani c.bank buys 60.2 bln rupees of T-bills
Comic Artie Lange pleads guilty to DUI in NJ
Business confidence in Japan up for second quarter
Ex-INXS singer held in hospital after heart surgery | Entertainment |
Gays, lesbians getting better showcase on U.S. TV | Entertainment |
Cuban exiles changed tune on Havana concert: poll | Entertainment |
Online education expanding, awaits innovation | Entertainment |
Cars may one day mimic fish to avoid collisions
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01