Cisco Receives EC Approval For Tandberg Acquisition
Commission insists on vendor's commitment to open standards and interoperability for its TelePresence protocol.
Cisco Systems Inc. said that the European Commission (EC) has approved its acquisition of Tandberg, a process that required the networking giant to guarantee enhanced interoperability between its video conferencing equipment and competing products to win the nod.
The acquisition all but ensures Cisco the top spot in the heated up video conferencing market.
Cisco's winning the EC's regulatory approval for the deal centered around interoperability and open standards, specifically for its TelePresence Interoperability Protocol (TIP). Read more...
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