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Cisco Stands By Its Telepresence Bet

May 14, 2010

Cisco is serious about video. Not just the kind running through its routers and switches, but also the burgeoning market for pricey videoconferencing systems, what it calls "telepresence." One metric for that enthusiasm: Last month it closed a deal to acquire Norwegian videoconferencing firm Tandberg for $3.3 billion.

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