November 2009

November 2009 Cisco Systems has bumped up its buyout offer to $3.41 billion for video conferencing company Tandberg. The network giant’s initial bid received a thumbs down from most of Tandberg’s shareholders, who felt the initial $3 billion offer undervalued the company. So far, more than 40 percent of Tandberg’s stockholders, which includes investment firm […]

November 2009 Cisco Systems, EMC, and VMware announced Tuesday, November 24, that a joint venture to sell a new integrated data center product. The venture will sell and provide maintenance and service support for the product, which is called V-Block. It will combine EMC’s storage equipment, Cisco’s virtualized servers and networking equipment, and VMware’s virtualization […]