John Paczkowski

Recent Posts by John Paczkowski

Cisco Closes Tandberg Acquisition

acquisitions_phag_thumbAt long last, Cisco has closed its acquisition of Tandberg, ending a battle for the videoconferencing equipment manufacturer that began last October.

As of close of business Monday, Cisco (CSCO) owned all outstanding Tandberg shares. Price: $3.3 billion, a bit more than the $3.0 billion it first offered for the company.

A pricey, but savvy acquisition. Tandberg’s lower-end TelePresence systems and specialized software for managing teleconferences will do much to help Cisco dominate the $34 billion collaboration market, which is growing–and quickly too.

It’s worth noting that last year year, Gartner (IT) forecast that video telepresence could replace 2.1 million business travel flights a year by 2012, diverting $3.5 billion annually from the airline industry.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of would have done better.

— Gitesh Pandya of comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”