Friday, November 6, 2009

Cisco - Tanderberg negotiations

Network giant Cisco believes that the offer of about 2 billion euros, which the company offered to the Norwegian company that specializes in videoconferencing more than fair. Reports from the weekend suggested that Cisco considers the abandonment of the negotiations because the information appeared to shareholders Tanderberg want a higher price. Ned Hooper, head of strategy at Cisco defends proposal stating that the company believes that the offer was good, but that Cisco bids always based on fiscal caution. Collaborative tools market is currently worth about 21 billion euros and currently the biggest hit voice with a tendency to become a video.

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