Cisco today announced the acquisition of Tandberg, a Norwegian video communications company. Tandberg offer a range of hardware and software solutions from personal video conferencing through to high end Telepresence solutions, as well as network and content infrastructure tools and professional services.
According to their press release “This proposed acquisition would combine TANDBERG’s best-in-class telepresence and video conferencing portfolio with Cisco’s world-class collaboration architecture and network capabilities.”
This is a significant acquisition for Cisco, that clearly indicates a belief that there is a growing market for virtual communication technologies.
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