Word: tandberg
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...recent wave of deals, such as Cisco's decision to buy Tandberg, Xerox's plan to acquire Affiliated Computer Services, Dell's pending purchase of Perot Systems and Adobe Systems Inc.'s acquisition of Omniture have given analysts and investment bankers optimism that a nearly two-year drought in M&A activity is finally over, with tech leading the way out. (See the 10 biggest tech failures of the decade...
...acquisition of Omniture will expand Adobe into Web analytics, where demand has been growing for programs that monitor website traffic and improve online advertising. Oracle's $7.4 billion purchase of Sun Microsystems expands the software company into the computer hardware market and Cisco's recent $3 billion bid for Tandberg will boost the company's presence in the growing videoconferencing market...
...permits three for the price of two. In France, the value of a gift premium must not exceed 7% of the cost of the goods it comes with. "That means, if you buy two shirts and get a free tie, you'll only get a bad tie," says Axel Tandberg, head of government affairs at the Federation of European Direct Marketing in Brussels. Enforcement is tough. Germany, France and others have specialized bureaucracies that are quick to sue. A commercial court in Brussels last month ordered France's Carrefour supermarket giant to halt a campaign that offered price reductions...
Markel's company ordered seven $60,000 Tandberg 8000s--the Rolls-Royce of videoconferencing--which come equipped with 50-in. plasma screens for high-definition video. Presenters can just plug in their laptop to display data on one of the screens. The Tandberg can simultaneously connect to as many as 10 video sites and four additional audio sites. And the equipment will significantly reduce Markel's travel costs--almost $5 million last year within North America alone...
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