The EU Commission clears an acquisition, subject to conditions, on the market for video communication systems via the internet (Cisco / Tandberg)

European Commission clears Cisco’s acquisition of Tandberg, subject to conditions* On 29 March 2010, the European Commission approved the proposed acquisition of Norway’s Tandberg, a vendor of video communications systems, by Cisco Systems subject to conditions. On the same day, just one hour after the Commission issued its press release, the U.S. Department of Justice announced that it had also decided not to challenge the transaction due to the evolving nature of the videoconferencing market and the commitments that Cisco has made to the Commission to facilitate interoperability.

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Gabriele Accardo, The EU Commission clears an acquisition, subject to conditions, on the market for video communication systems via the internet (Cisco / Tandberg), 29 mars 2010, e-Competitions March 2010, Art. N° 59618

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