Tandberg

Cisco says Tandberg deal "very strategic" Acquisition of Norwegian video conferencing firm Tandberg ASA <TAA.Ol> is very strategic for Cisco Systems Inc <CSCO.O>, a senior Cisco executive said on Wednesday. "We see video as the next killer...

In this article: Cisco Systems Inc

...it could waive its previous requirement that the deal win support from holders of 90 percent of Tandberg shares. The new offer values Tandberg at around 21 times forecast fiscal 2010 earnings, according to Thomson Reuters I/B/E/S. The...

In this article: Cisco Systems Inc, WebEx, Orkla, Hewlett-Packard, London, and Revenue

...its bid for Norway's Tandberg ASA, the world's largest provider of videoconferencing equipment for business users, after only a fraction of Tandberg shareholders agreed to Cisco's initial offer. Cisco increased its bid to 170 kroner ($30.46)...

In this article: Cisco Systems Inc., Acquirer, Tax, Norway, Oslo, NEW YORK, and U.S.

OSLO (Reuters) - U.S. network equipment maker Cisco raised its bid for Norwegian video conferencing equipment maker Tandberg and said it was backed by holders of more than 40 percent of its shares after few warmed to its previous offer.

In this article: Cisco, Polycom, Hewlett-Packard, Microsoft, London, Oslo, Skype, and Avaya

...in paragraph 2) * Cisco <CSCO.O> raises bid by 10 pct to NOK 170/share * Says bid backed by owners of 40+% of Tandberg shares * Tandberg <TAA.OL> shares up 5 pct, below new offer (Updates with raised bid) By Wojciech Moskwa U.S....

In this article: Cisco, Avaya, International Business Machines, Hewlett-Packard, Microsoft, U.S., and Reuters