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Conferencing (Audio/Video/Web)

Cisco Buys Tandberg in $3 Billion Deal

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Cisco Buys Tandberg in $3 Billion Deal

Cisco shows exactly how serious it is about video conferencing with the $3 billion acquisition of Tandberg that will change the video conferencing industry landscape forever.

The all-cash tender is 11% over Tandberg's closing price. Tandberg reported $809 million in revenue last year, and has close to $200 million in cash. Cisco's routers and switches produce 65% gross profit margins and one of the attractions of the acquisition (says Cisco) is Tandberg's gross margin of 66%.

Cisco is one of tech's most aggressive acquirers with almost 40 companies bought over the last five years, including Scientific Atlanta, WebEx, and Pure Digital ( of Flip video fame.)

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