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Broadband

Cisco receives approval for acquisition of Tandberg

Tuesday 30 March 2010 | 10:12 CET | News
Cisco has received approval from the European Commission for its proposed acquisition of telepresence systems provider Tandberg. The antitrust division of the US department of justice has also announced that it will not challenge the proposed acquisition in light of the commitments Cisco has made to the EC. The EC's decision takes into account Cisco's commitments to enhancing interoperability between its multi-screen video conferencing products and competitive products. As a condition to receive this approval, Cisco is also required to appoint an independent monitor, who must be approved by

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Categories: Fixed
Companies: Cisco UK / European Commission / Tandberg
Countries: World
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