Networking giant made its initial offer for the video-conferencing company in October but got the thumb's down. Six months later, Cisco seals the deal.
Just shy of 90 percent of Tandberg shares as it passes a self-imposed drop-dead deadline, Cisco says its acquisition plan is still very much alive.
After its initial bid got the cold shoulder, Cisco has upped its buyout offer for the video conferencing equipment maker.
As part of its expansion into videoconferencing and collaboration, Cisco Systems antes up for the Norwegian video communications company.
Soundsmith's Peter Ledermann not only makes a full line of highly innovative phono cartridges -- the company also offers amplifiers and speakers.
Joint venture announced Monday is designed to compete with Cisco after its recent acquisition of Tandberg and bring companies inexpensive video-conferencing services.
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Acquisition puts the maker of Webcams and other peripherals into the video-conferencing market.
Tandberg will try a version for the business market.
Exclusive integration "could lock-in businesses who want to reach Skype's 700 million account holders," says Cisco, which has appealed the European Commission's OK of the merger.