Cisco and TANDBERG Provide Technology Roadmap Update Prior to Transaction Close
This is a Vendor Newsfeed Posted by Mike Fratto, Editor
February 12, 2010
SINGAPORE, Feb. 12 /PRNewswire-Asia/ -- Cisco (NASDAQ:CSCO) and TANDBERG (OSLO: TAA.OL) today provided details about the integrated product portfolio that will be unveiled after the close of Cisco's voluntary public cash offer to acquire all outstanding shares in TANDBERG. Cisco and TANDBERG remain competitors until close. The companies anticipate regulatory approval in the first half of calendar year 2010.
Cisco and TANDBERG believe that competition and industry expansion is best fostered through open standards and interoperability. Following the close, Cisco will create an open architecture that provides greater interoperability with TANDBERG and third-party systems. This integrated architecture will extend valuable features to customers such as One Button to Push and Continuous Presence, as well as integration with leading unified communications platforms.
The companies reiterated previously announced plans to form a Cisco TelePresence Technology Group that will retain and build on product lines from both companies once the transaction closes. The TelePresence Technology Group's integrated portfolio will consist of the following product groups:
Immersive TelePresence: The flagship Cisco TelePresence System 3000 series, including the Cisco TelePresence System 3000/3010 and Cisco TelePresence System 3200/3210, will continue to serve as the optimized experience for scalable deployments. The TANDBERG Total TelePresence Solution, including the T3 and T1, will serve as the adaptive experience for a range of solutions including customized deployments. Shortly after completion of the acquisition, Cisco will deliver high-definition, immersive, multiscreen interoperability between these systems and other multiscreen systems.
Multipurpose Room Systems: TANDBERG's leading Profile Series will continue to deliver a broad range of options for customer choice in the meeting room, and the Cisco TelePresence System 1300 will complement the offering with a virtual in-person experience in a multipurpose conference room.
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