Quoted – Cisco to Expand Its Video-Conference Room With $3B Tandberg Buy – ECommerce Times

Image representing Cisco as depicted in CrunchBase
Image via CrunchBase

Cisco is deepening its commitment to the video-conferencing space, spending nearly $3 billion to acquire Tandberg.

Tandberg’s technology falls between these two ends — albeit closer to the high end, Scott Testa, business professor at Cabrini College, told the E-Commerce Times. There will be some overlap when Tandberg joins the product line-up initially, he said, “but it is largely a very complementary acquisition for Cisco.”

http://www.ecommercetimes.com/story/Cisco-to-Expand-Its-Video-Conference-Room-With-3B-Tandberg-Buy-68267.html

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