blogs.computerworld.com — Cisco is set to acquire Tandberg, a Norwegian manufacturer of videoconferencing systems. $3 billion is a lot of money in today's economy, and values Tandberg significantly higher than the market. In IT Blogwatch, bloggers wonder if this means the recession is well and truly behind us. Not to mention an unusual birthday card (CSCO) (TAA) (HPQ)
Oct 1, 2009 View in Crawl 4
dzergwuhOct 1, 2009
God, I hope the service contracts carry over. I bought a T1700 for work two days ago, and our 15,000 dollar purchase is going to be pretty f**king worthless if Cisco can just renege on the service contract.If Cisco follows through though, I'm even happier with my purchase.
ancientshoesOct 1, 2009
Cisco routinely buys companies that are worth much less than they are bought for. The reason for this is because Cisco pays the extra amount of money to ensure that the founders of the company won't go and start another company making essentially a copy of the product they just bought.
stephqOct 1, 2009
More than that. 15,000$ is what i pay for it. They have to pay for R&D, marketing, the product itself. Plus profit margin for them AND for sales rep, because most of the time, you don't buy direct from them (if you integrate it into another solution, a multimedia room for example).But still, 200,000 units is a lot, its a very niche market.
stephqOct 2, 2009
If the T1700 is the mxp 1700 yes, it's a great deal (the 21" screen with built-in cam-mic-speakers).I looked up my PO, it was even less than that. But that was oct. 2008 and i was told that after xmas Tandberg were raising prices a lot... i don't know if i'd get the same deal this year.Edit : mine was NPP option, and service contract. Not having multisite could remove 1k $.
mtheoryxOct 2, 2009
Whoever is digging you down has never owned products from either company, apparently.Tandberg systems are great. But they are expensive, and absolutely black box systems.
wshsOct 3, 2009
It's also a good way to eliminate the market of any smalltime competition. Companies like Riverhead, who made multidevice firewall systems that could stop 20gigabit attacks dead in the water offered lifetime warranties. Products like Cisco's ASA and older PIX would die at 100k pps, and once your 3 or so years were up, Cisco would no longer support it, no matter how poorly they designed it.