Cisco spends R22 billion on Norwegian video communications firm, Tandberg

By Daily Maverick Legacy 2 October 2009

In another sign that blood is returning to global corporate arteries the world’s biggest networking company, Cisco Systems is to expand emphatically into affordable video conferencing. Cisco is already a world-leading provider in virtual boardroom conferencing systems with its $240,000 Telepresence. Tandberg fits neatly into the cheaper space, but has also been very adept at making different technologies work together. With a mind-boggling $35 billion in cash and a long trail of successful acquisitions over the last 15 years, Cisco looks well-positioned to continue its domination of the everything-networking space.

Gallery

Support DAILY MAVERICK & get FREE UBER vouchers every month

An increasingly rare commodity, quality independent journalism costs money, though not nearly as much as its absence can cost global community. No country can live and prosper without truth - that's why it matters.

Every Daily Maverick article and every Scorpio exposé is proof of our dedication to this unshakeable mission. Investing in our news media is by far the most effective investment into South Africa's future.

You can support Independent and Investigative journalism by joining Maverick Insider. If you contribute R150 or more per month you will receive R100 back in UBER vouchers. EVERY MONTH until October 2019.

So, if you'd like to help and do something meaningful for yourself and your country, then sign up to become a Maverick Insider. Together we can Defend Truth.


ANALYSIS

After more than a decade of capture, Eskom may finally succeed in breaking the public purse

By Marianne Merten