Cisco Systems Inc. and Tandberg ASA this week provided details about the integrated product portfoli...
February 10, 2010
Cisco Systems Inc. and Tandberg ASA this week provided details about the integrated product portfolio that will be unveiled after the close of Cisco’s voluntary public cash offer to acquire all outstanding shares in the Oslo, Norway firm.
While the two remain competitors until close, they said they anticipate regulatory approval in the first half of this year
Following the close, Cisco says it will create an open architecture that provides greater interoperability with Tandberg and third-party systems.
The companies reiterated previously announced plans to form a Cisco TelePresence Technology Group that will retain and build on product lines from both companies once the transaction closes.