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> TECHNOLOGY > COMMUNICATIONS
Tandberg completes Codian
acquisition
ConvergenceAsia staff
28/09/2007
Tandberg, a global provider
of telepresence, high-definition videoconferencing and mobile video, has
completed its acquisition of Codian, an award-winning developer of
high-definition videoconferencing infrastructure products.
Codian was a privately held UK-based company with service and support in the
United States, Europe and Asia, with a total of 107 employees. The
transaction, a combination of cash and stock, is valued at US$270 million.
As a part of Tandberg's total solution, Codian's infrastructure products,
including Multipoint Control Units (MCUs), gateways, videoconferencing
content servers, and management software, will provide customers with a
platform for large-scale deployments of high-definition videoconferencing
systems.
Tandberg will continue to develop and support the Codian and Tandberg
product lines. These include both the Tandberg MPS line of MCUs and the
Codian MCU platforms. |
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