All Things Digital logo All Things Digital 2 weeks ago

Cisco to Tandberg: If You Think We’re Going to Raise Our Bid, Jerry Yang Has a Funny Story for You [Digital Daily]

Remarking today on speculation that Cisco (CSCO) would do just that, Ned Hooper, the company’s chief strategy officer, stressed that Cisco “will always act with fiscal prudence” as it pursues Tandberg. Full Article at All Things Digital

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  1. With the deadline for its $3 billion bid for video conferencing rival Tandberg approaching and reports swirling that it will drop its offer, Cisco is looking to define the debate in terms of risk and rewards. Full Article at eWeek

  2. Consultants from Ernst & Young examining Cisco's $3 billion offer to acquire Tandberg have found Cisco's bid to be fair. Full Article at TechWeb

  3. Moffat, for his part, insists he left the company of his own accord. Full Article at All Things Digital

  4. All Things Digital logo
    QOTD [Digital Daily]
    2 weeks ago

    Comments posted on this site must be signed with your full, real name. Please see our Comments policy for details. John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. Full Article at All Things Digital

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  1. FILE - In this Feb. 3, 2009, a Cisco Systems logo is shown at Cisco Systems headquarters in San Jose, Calif. Cisco Systems Inc. said Monday, Nov. 16, 2009, it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.
  2. Jason Goldfarb, a lawyer associated with Incremental Capital, leaves the Manhattan Federal Court house after being released on bail for his involvement in an alleged insider-trading ring, in New York November 5, 2009.
  3. FRANKFURT AM MAIN, GERMANY -SEPTEMBER 15: Shai Agassi, founder and CEO of Project Better Place,  poses for a picture at the international motor show IAA on September 15, 2009 in Frankfurt am Main, Germany.
  4. SUNNYVALE, CA - APRIL 27:  Former eBay CEO and Republican candidate for California governor Meg Whitman (L) talks with Yahoo! CEO Carol Bartz (C) before speaking to members of the Silicon Valley Leadership Group at the Yahoo! headquarters April 27, 2009 in Sunnyvale, California.
  5. UNION CITY, CA - MAY 22:  Former Ebay CEO Meg Whitman (R) looks on as presumptive Republican presidential candidate U.S. Sen. John McCain (L) (R-AZ) shakes hands with Conrad Burke (R), President and CEO of Innovalight at Finelite Inc. manufacturing facility May 22, 2008 in Union City, California.
  6. UNION CITY, CA - MAY 22:  Presumptive Republican presidential candidate U.S. Sen. John McCain (C) (R-AZ) speaks during a Global Competitiveness Roundtable at Finelite Inc. manufacturing facility May 22, 2008 in Union City, California.
  7. TEL AVIV, ISRAEL - MAY 11:  Shai Agassi, founder and CEO of Project Better Place, and Idan Ofer, Chairman of the Board, display Renault's electric car, built on the Megane model, as it makes its debut to the media on May 11, 2008 in Tel Aviv, Israel.

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