TANDBERG ‘s shareholders thought $3 billion was too low of a bid to purchase the videoconferencing technology leader. It was originally reported that Cisco purchased TANDBERG in early October. Some analysts are saying Cisco has funds to increase the offer. Maybe Cisco will just purchase a smaller share? How does this affect Polycom and other TANDBERG competitors?
Alert! It has come to our attention that there is a computer virus named Green AV (“Green AntiVirus”) circulating on the internet. AVI-SPL in not affiliated with or affected by the Green AV hoax. All references to Green AV on any of AVI-SPL’s websites is relevant to the Green Audio Visual industry.
In his article, “Videoconferencing helps companies cut travel costs,” USA Today reporter Roger Yu profiles the cost savings being brought to law firm Lathrop & Gage. With 11 offices and 300 attorneys, Chief Information Officer Ben Weinberger estimates that he’ll only need to travel once this year to each office, versus the typical 25 times a year. He’s now relying on the six dedicated videoconference rooms set up in the main headquarters, with HD cameras, monitors and software provided by Polycom.
Substantial industry growth:
In 2008, the global videoconferencing market grew 24% to $2.4 billion, according to Roopam Jain, a technology analyst at Frost & Sullivan. The firm forecasts the market will more than double, to reach $5.7 billion by 2013.
Commentary by unified collaboration leaders TANDBERG and Polycom:
Recent tech breakthroughs have helped to loosen business customers’ purse strings, says Rick Snyder, president of TANDBERG ‘s Americas operation. Internet bandwidth is more plentiful and affordable. HD cameras can cost less than $200. More sophisticated chips can compress HD images with crisper resolution. Some vendors can help clients better manage internal computer networks so that video gets priority. “The movement to HD has raised the bar,” Snyder says.
With costs falling, smaller businesses are being courted with systems that cost less than $10,000. Polycom and TANDBERG have introduced products featuring 32- to 52-inch monitors and HD cameras that can be installed in boardrooms or on PCs.
Recognition highlights outstanding customer service, ability to provide complete end-to-end video communications solutions
TAMPA, FL, June 23, 2009 – Leading audio and video communications provider AVI-SPL was recently named “Integrator of the Year” by Polycom, Inc. (NASDAQ: PLCM), the global leader in telepresence, video and voice communications solutions. Announced last week during the Infocomm 2009 conference and expo in Orlando, Fla., Polycom’s award recognizes AVI-SPL for outstanding customer service, highlighting the company’s ability to create innovative solutions that support the unique needs of a diverse range of markets, including the corporate, education and government sectors.