SAN DIEGO, CA (MARKET WIRE) The AdvancedTCA Summit 2009 announced that Advantech, Elma Bustronic, GoAhead Software, and Polycom are the winners of the third annual AdvancedTCA Summit Best of Show Awards. Rob Davidson, former Vice President of Marketing for PICMG, received the AdvancedTCA Summit Industry Leadership Award in recognition of 15 years of outstanding work in growing the prestige and influence...
Two investment consulting companies laid out objections to Cisco Systems' $3 billion offer for Norwegian videoconferencing vendor Tandberg, saying in an open letter to Cisco and a press interview that the bid undervalues Tandberg.
Yesterday, Cisco announced a strong quarter, and rival Juniper also reported a strong quarter recently, signaling early stages of recovery in the industry. While last month Cisco announced plans to acquire four companies, including Tandberg and Starent, Juniper says that it will focus on organic... ..
A judge refused to reduce the $100 million bail of Galleon founder Raj Rajaratnam at a district court in Manhattan today. Judge Theodore Katz did ease Rajaratnam's travel restrictions to allow him to travel within the US. "I see no reason to modify the bail since only $2.5 million had been paid in cash," said Judge Katz. Rajaratnam has paid the rest of his $100-million dollar bond in securities...
Let's set aside all the rumors and speculation about Cisco's potential mergers and acquisitions. We've got some cold hard figures to report as the company just released their first quarter financial results. Cisco, a networking solutions vendor that's incorporating more telepresence offerings into its product suite, today reported its first quarter results for the period ended October 24, 2009 with...
NORWALK, Conn.--(BUSINESS WIRE)--Technology Marketing Corporation (TMC) today announced that Polycom’s Co-Founder and CTO Jeffrey Rodman has accepted an invitation to join the list of Keynote Presenters at ITEXPO East 2010, taking place January 20-22, 2010 at the Miami Beach Convention Center. Rodman’s presentation, scheduled for Wednesday, January 20th at 4:00 PM, will discuss the future...
Cisco's Chief Strategy Officer, Ned Hooper wrote a blog post to inject some Cisco feedback into the TANDBERG acquisition rumor mill. Was the move a scare tactic to get investors to give in or was it just a savvy decision made on a risk vs. reward basis? According to the blog post, Cisco's initial offer took many things into account that a raised bid would disregard. Cisco's current bid that TANDBERG...
PLEASANTON, CA and NATICK, MA (MARKET WIRE) VoiceCon San Francisco -- Vivox Inc., the market leader in voice services for developers of online games, virtual worlds and the social web, delivers voice chat to over 16 million users and supports billions of minutes of chat per month. Having doubled its number of users in the past year, the company expects to see exponential growth in the next 12 months...
The $25 million insider trading scandal that touched such IT heavyweights as AMD, IBM and Intel has now lead to charges against six people from Silicon Valley and Wall Street. The case continues to roil both coasts. Federal prosecutors say executives from IBM, Intel and McKinsey Co. gave nonpublic information on such companies as AMD, Sun Microsystems, Google, PolyCom and Akamai to two directors at...
Robert C. Hagerty, CEO of Polycom, discusses why he thinks videoconferencing and telepresence (essentially very high-quality videoconferencing) will spark invention and new business partnerships
Ring2Skype , a new startup, brings yet another way to have free calling by leveraging both Skype and the PSTN. Ring2Skype allows you to have a free local number (in NYC, London, Madrid, etc.), forwarded to your Skype (wherever you are) -- once again for FREE. I should point out that Skype charges you for a PSTN telephone number. Also, Ring2Skype provides numbers in more than 100 destinations, while...
Halloween is over folks, but Cisco is trying to get scary with its negotiations for TANDBERG. With its latest move, the networking giant hopes to put a little fear into some of the investors blocking its path to acquire the video technology manufacturer. Last week, news emerged that Cisco was reportedly ready to walk away from the $3 billion deal to purchase TANDBERG after investors blocked the deal...
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