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Netflash: Cisco lays out why it might let Tandberg go free
eWeek - RSS Feeds: Cisco Lays Out Risks, Rewards in Tandberg Bid
FirstDigest: Cisco may be forced to drop the acquisition of Tandberg
Reactions
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RT @CiscoSystems Cisco’s proposed TANDBERG acquisition - The Platform http://bit.ly/3crs9P 18 days ago |
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RT @CiscoSystems Ned Hooper speaks out on proposed TANDBERG acquisition-very clear-negotiating through a blog-cool! http://bit.ly/3crs9P 19 days ago |
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RT @CiscoSystems Blog by SVP Ned Hooper on Cisco’s proposed TANDBERG acquisition - The Platform blog - http://bit.ly/3crs9P 19 days ago |
Cisco lays out why it might let Tandberg go free
Netflash —
Cisco Systems may be laying the groundwork for dropping its US$3 billion offer for videoconferencing vendor Tandberg despite the emphasis it has placed on video as the future of communications. In a blog post on Monday, Cisco Chief Strategy Officer Ned Hooper responded to reports that the deal might fall through by emphasizing the risks and costs involved and saying the purchase would have to make financial sense in the end. "The bottom line is that Cisco will always act with fiscal prudence," Hooper wrote. On Oct. 1, Cisco ...
Cisco Lays Out Risks, Rewards in Tandberg Bid
eWeek - RSS Feeds —
... risk and rewards. Acquiring Tandberg can help Cisco build up its video collaboration capabilities, but there are also risks involved, including trying to buy and integrate its first European company, according to a blog by Cisco executive Ned Hooper. Cisco Systems officials are making clear that they believe the $3 billion theyre offering to buy video conferencing rival Tandberg is a fair one, in light of not only the benefits that could be captured but also the risks involved. In a blog post Nov. 2, Ned Hooper, Ciscos chief strategy officer, said ...
Cisco may be forced to drop the acquisition of Tandberg
FirstDigest —
... 149.50 Norwegian Kroner per share, which is less that Cisco,s offer. Cisco’s Chief Strategy Officer Ned Hooper is reserved in regard to Cisco’s position about a new offer considering the actual price fair and admitting that the company will act with fiscal prudence. In any way this dispute and the possibility that Cisco will not acquire Tandberg made a lot of people thinking about Cisco’s place in future of video communication. Read more on Network World.com and Ned Hooper’s blog page .
More Opposition to Cisco Tandberg Bid Rises
eWeek - RSS Feeds —
... Cisco officials, and that Tandberg could see its revenues grow faster as part of Cisco, the $3 billion is too low an offer, they said. We believe that a higher, more appropriate price for the acquisition of Tandberg, taking into account its growth profile and the substantial scope for sales and cost synergies, is not in conflict with Ciscos respect of the principles of prudence and financial fairness, the letter states. The principles of prudence and fairness refers to a Nov. 2 blog post by Ned Hooper , Ciscos chief strategy officer, who argued that while Cisco stood to ...
