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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.
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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.

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About NetFlash
Jeff Caruso is Executive Online Editor at Network World.