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Get the latest news alerts: Follow LTW at Twitter. SAN JOSE, Calif. - Cisco Systems Inc. (Nasdaq: CSCO ) says it is waiving its condition that 90 percent of shareholders of Norwegian videoconferencing equipment firm Tandberg ASA back its $3.4 billion takeover offer and will close the deal as soon as possible.
LONDON (SHARECAST) - General Motors will begin paying back $6.7 billion in US government loans by the end of 2009 and could pay off that full amount by 2011, four years ahead of schedule, according to a person familiar with the matter, writes USA Today.
(Adds detail, comments from analyst and Tandberg shareholder.) STOCKHOLM -(Dow Jones)- U.S.-based Cisco Systems, Inc. (CSCO) Monday raised its cash offer for Norway's Tandberg ASA (TAA.OS) to 170 Norwegian kroner a share from NOK153.50 a share, and extended the offer period to Dec. 1.
STOCKHOLM -(Dow Jones)- Tandberg ASA (TAA.OS) minority owner Panta Capital will accept Cisco Systems Inc.'s (CSCO) new NOK170 a share offer for the Norwegian video-conferencing-equipment maker, Panta's managing director Peter Germonpre told Dow Jones Newswires Monday.
SAN FRANCISCO, CA--(Marketwire - 11/20/09) - Cisco (NASDAQ: CSCO - News ) today announced the availability of Cisco SIO To Go, an Apple iPhone application that puts the power of the Cisco Security Intelligence Operations (SIO) in users' hands, giving them real-time access to a wealth of actionable global security information no matter where they are. The Cisco SIO iPhone application enables ...
STOCKHOLM -(Dow Jones)- U.S.-based Cisco Systems, Inc. (CSCO) said Monday it is raising its bid offer for Norway's Tandberg ASA (TAA.OS) to 170 Norwegian kroner per share from NOK153.50 per share, and extending the offer period to Dec. 1.
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NEW YORK (AP) - Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA, the world's largest provider of videoconferencing equipment for business users, after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.
Cisco Systems Inc. says it is waiving its condition that 90 percent of shareholders of Norwegian videoconferencing equipment firm Tandberg ASA back its $3.4 billion takeover offer and will close the deal as soon as possible.
ASHLEE VANCE The maker of the popular Flip video recorder is part of Cisco Systems, and Cisco Systems would like you to know that.
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