Nasdaq-listed networking company Cisco has wrapped up its $3.3 billion purchase of Tandberg.
Dimension Data, which partners both companies, has welcomed the deal, saying it “ushers in a new era of collaboration and will accelerate the worldwide adoption of visual communication”.
The full Tandberg product line is now part of the Cisco TelePresence portfolio, which will allow customers access to a fully integrated architecture, a comprehensive network-based endpoint and infrastructure portfolio.
Fredrik Halvorsen, former CEO of Tandberg, becomes senior VP and leader of the new TelePresence Technology Group within the Cisco division.
This newly formed group includes three integrated businesses that will focus on endpoints, infrastructure and Cisco TelePresence cloud services.
“We strongly believe that telepresence - the next generation of videoconferencing - along with Cisco's entire collaboration portfolio, powers this new way of working where everyone, everywhere, can be more productive through the pervasive use of video and face-to-face collaboration,” explains Marthin De Beer, senior VP for Cisco's emerging technologies business group.
Saving face
“The comprehensive portfolio of the two companies, supported by Cisco's powerful marketing engine, means we can now address a broader range of clients' visual needs and business objectives,” he says.
Reinecke says the deal “bodes well for Dimension Data and, particularly, for our clients. Dimension Data itself uses videoconferencing to reduce travel costs.” He explains that, last year, travel costs of the company's senior management were cut by 20%, without reducing crucial real-time, face-to-face contact.
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