Cisco wins control of Tandberg Cisco late yesterday won control of Norwegian videoconferencing leader Tandberg with ownership of 91.1% of the company's shares. Cisco had to raise its initial $3 billion offer and extend the offer acceptance deadline three times in order to gain control of the company. 5 Myths of Employee Mobility Studies suggest that more than 73% of a company's employees will be mobile on any given day by 2011. But many frustrations and costs surround employee mobility (traveling workers, work-from-home employees, etc.) that could drag down companies. Todd Oberg, vice president of IT for Runzheimer International, speaks with Keith Shaw about five myths surrounding enterprise employee mobility, and how companies can turn those myths into truths. (14:47) MIT grabs DARPA's Great Red Balloon Hunt prize Almost as soon as it was launched, in only nine hours in fact, the Defense Advanced Research Projects Agency (DARPA) announced that the MIT Red Balloon Challenge Team won the $40,000 cash prize in the DARPA Network Challenge, a competition that required participants to locate 10 large, red balloons at undisclosed locations across the United States. Bankers in Cisco/Tandberg deal set to divvy up $39M in fees According to a Reuters story today, Cisco's M&A advisers on the Tandberg deal - Lazard and Carnegie, can expect to split fees of $17 to $19 million. Furthermore, dealmaker Freeman & Co. is predicting that Tandberg's financial adiviser - JPMorgan, will rake in fees of $18 to $20 million from the deal. Breathtakingly, earlier this month, I was both stunned and flabbergasted to read in Deal.com that Cisco's... Force10 embraces MPLS within carrier core switches Force10 Networks is forging deeper into the carrier core by adding MPLS to its high-end Ethernet routing switches. Today from the Subnet communities On Cisco Subnet: Oracle, Sun, and the Identity Management Waiting Game and An Early Gift for MySQL servers; On Microsoft Subnet: Running Windows 7 on a Mac; On Google Subnet: Will Google be left in the dark over white spaces? Network World on Twitter? You bet we are |
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