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$3.4B is Cisco's final offer

Cisco ups offer for videoconferencing firm Tandberg to $3.4 billion.

By Jeff Caruso on Mon, 11/16/09 - 8:40pm.

Cisco has raised its offer for videoconferencing company Tandberg to $3.4 billion, IDG News Service reports.

The previous offer was $3.0 billion, and Cisco had struggled to convince the shareholders that it was a fair price.

Obviously, Cisco's raise indicates that the company takes videoconfernecing pretty seriously, and that TelePresence is not enough.

About NetFlash
Jeff Caruso is Executive Online Editor at Network World. Follow him on Twitter
 

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