Cisco and Tandberg a technology roadmap update before closing
SAN JOSE, California and New York, NY and Oslo, Norway – (Marketwire – February 9, 2010) – Cisco (NASDAQ: CSCO) and TANDBERG (OSLO: TAA) today announced details will be integrated over the range until after Cisco to acquire the voluntary offer of public shares to be outstanding TANDBERG. Cisco and TANDBERG remain competitors until closing. The company expected approval in the first half of calendar year 2010.
Cisco and TANDBERG believe that competition and the expansion of the industry from the best open standards and interoperability will be promoted. Upon completion, Cisco will open architecture that allows for better interoperability with TANDBERG systems and third parties. This integrated architecture to push for extending the useful features for customers such as a button and the continued presence and integration with leading Unified Communications platform. The company reiteratedalready announced its intention to keep a Cisco TelePresence Technology Group and build product lines of both companies once the transaction is completed. The integrated portfolio TelePresence Technology Group is composed of groups of products:
Telepresence: The flagship Cisco TelePresence System 3000, including the Cisco TelePresence, Cisco 3000/3010 and 3200/3210 TelePresence system, the experience optimized for scalable installations. be the TANDBERG Total Telepresence solution, including T1 and T3, the experience of adapting to a variety of customized solutions, including deployments. Shortly after the completion of the acquisition, Cisco will deliver high-definition, immersive, interoperability between the multi-screen systems and other multi-screen systems.
versatile systems of rooms: TANDBERG Profile Series leader will also continue to offer a wide range of options for customer choice in the boardroom, and the Cisco TelePresence System 1300 is completely source and a quasi-experiment in multi-person conference room. Personal Systems: The TANDBERG systems remain strong portfolio of personal will, and Cisco TelePresence System 1100 and Cisco TelePresence System 500 The single set of products that meet the needs of individuals in the office, at home and away. platform portfolio: TANDBERG MXP Codec Series C-Systems, Set-top, PC and video cameras and high-definition as a basis for extensive integration capabilities. These deals will continue for integrators and their customers, the customized systems with current and future Cisco, Tandberg and non-interacting systems now available. Infrastructure: in line with the two companies together infrastructure products continue to provide for integrators and customers. These include the leader Codian Multipoint Control Units (MCU). The portfolio of common infrastructure is the foundation of Cisco TelePresence architecture will offer better interoperability with competing solutions and provide business services and integration with Cisco and digital media companies and other collaboration solutions. TelePresence as a service : Cisco TelePresence, Cisco TelePresence Suites, Exchange and Public Relations remains the possibility of secure and scalable, able to communicate across organizational boundaries. Today, many service providers around the world are working together with Cisco to provide services, connect to the inter-related endpoints and Cisco companies. “ In addition to viewing the product group was also found that the TANDBERG sales and channel organization, a team of sales specialists insure Cisco after the close of customers that they continue the same relationship of trust that they enjoy at present, with representatives from Cisco and TANDBERG enjoy About CiscoCisco. (NASDAQ: CSCO) is the worldwide leader in networking, how to communicate people come together and work together, fundamentally transform / / www.cisco.. com: Information about Cisco can be found under For ongoing news, please visit http://newsroom.cisco.com
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About TANDBERGTANDBERG is a leading provider of telepresence, high definition video conferencing and video products and mobile services. The company has dual headquarters in New York and Oslo. company develops, manufactures and markets systems and software for video, voice and data transmission. The company provides sales, support and value-added services in over 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. traded Please visit www.tandberg.com for more information.
Forward-Looking StatementsThis release may contain “forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, is understood the intention of Cisco to an expropriation, make and make a request to be removed from the list of shares. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from any future events or results due to various factors, Others including receipt of regulatory approvals for the acquisition, the potential impact on the TANDBERG activity due to the uncertainty about the acquisition, realizing the maintenance of employees of TANDBERG and Cisco’s ability to successfully integrate TANDBERG and the expected benefits, the business and economic conditions and growth trends in the area of networking, customers and markets various geographical regions, global economic conditions and uncertainties in the geopolitical environment and other risk factors detailed in the latest report from Cisco listed in the Form 10-Q, filed with the SEC on 18 November 2009 . Forward-looking statements in this press release are included on limited information currently available to Cisco that change, Cisco is based not necessarily update the information.
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