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Enterprises looking to drive down costs and improve communications increasingly are turning to video conferencing, according to a new survey down for Global IP Solutions. The survey echoes what other studies are finding, and reinforcing the strategies of such vendors as Cisco, Polycom, Juniper, Tandberg and Radvision. Businesspeople are increasingly using video to collaborate with colleagues, partners and customers, according to a recent survey. In a survey of 1,200 senior business professionals conducted by Research Now for IP communications company Global IS Solutions, about the majority said they have used a video conferencing application. Eighty percent of those surveyed in China said they had used such an application, while about 60 each in the United States and South Korea said they had. Almost 47 percent of those surveyed in Japan said they had used such an application. In the United States, 40 percent said their company will be deploying a video communication solution within the next six months to two years, according to the survey, released Feb. 3. About 80 percent of those businesspeople polled in China said their companies were planning deployments within the next 18 months.
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Starent investors have approved Cisco’s $2.9 billion acquisition of the mobile gear maker. The deal is designed to give Cisco more traction in the mobile Internet space as the number of smartphones and other connected devices grow. The relative ease of the Starent acquisition has contrasted with Cisco’s more volatile bid to buy video conferencing equipment maker Tandberg.
Now that’s the way Cisco Systems likes their acquisitions to go.
Starent Networks, which makes infrastructure products for wireless service providers such as AT&T and Verizon, announced that shareholders, at a special meeting Dec. 11 in Boston, approved the proposed $2.9 billion acquisition by Cisco.
The deal, which still has to get approval from regulators, is expected to close in the first half of 2010.
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Cisco on Monday said that it will raise its bid for video conferencing company Tandberg to $3.4 billion, up from $3 billion. The higher offer arrived after Tandberg shareholders balked at the first bid.
In a statement, Cisco said 40 percent of Tandberg shareholders tendered shares to the networking company.
Tandberg shareholders have proven to be a tough crowd for Cisco. The rub: Cisco extended the deadline for the deal to Dec. 1 and said it will withdraw its offer if 90 percent of Tandberg shareholders don’t agree to it.
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