* Cisco raises offer 10 pct to NOK 170/share * Says bid backed by owners of 40+ pct of Tandberg shares * Analysts, investors see this bid succeeding * Tandberg shares touch lifetime high, Cisco...
* OppenheimerFunds represent 5.78 pct of Tandberg shares * Says Cisco offer undervalues Tandberg's opportunities * Not part of earlier SEB opposition group * Cisco reiterates view that offer is fair * Tandberg shares fall...
* Offers 153.5 crowns/share in cash * Tandberg board has recommended offer to shareholders * Analyst says other bidders may emerge OSLO, Oct 1 - U.S. network equipment maker Cisco System is to buy Norwegian...
Tandberg, a leading global provider of telepresence and high-definition video conferencing solutions, will display several new products at the technology expo Gitex 2009.
The network giant tips its overseas cash pile on the videoconferencing market leader--this time it might get somewhere.
* Cisco extends offer until Nov. 18 * Tally not yet disclosed * Cisco reiterates original terms, calls it 'a fair price' (Adds comments from shareholders, analyst) OSLO/NEW YORK, Nov 9 - Cisco Systems Inc...
* Cisco says its $3 bln offer is "a very good price" * Cisco says will act with fiscal prudence * Ernst & Young says terms are fair (Adds comments from Cisco exec, NEW YORK...
* Buy to strengthen Cisco's video meetings offering * Recommended cash offer is 11 percent above closing price * Analysts see price as "fair", counterbidders possible (New throughout) LONDON/OSLO, Oct 1 - Cisco has agreed...
* Buy to strengthen Cisco's video meetings offering * Recommended cash offer is 11 percent above closing price * Analysts see price as "fair", counterbidders possible LONDON/OSLO, Oct 1 - Cisco has agreed to buy...
* Group holds more than 24 percent of Tandberg shares * Says would assess higher offer from Cisco or 3rd party * Tandberg shares trade just above 153.5 NOK/shr offer price * Cisco hike to...