|
|
|
Cisco challenges Microsoft takeover of Skype in EU
Court News Feed |
2012/02/15 13:01
|
Networking company Cisco said Wednesday that it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.
Microsoft completed the deal in October shortly after the European Commission, the EU's competition regulator, cleared the takeover. Microsoft Corp. hopes that owning Skype will allow it to better compete with other tech giants including Apple Inc. or Google Inc.
But for Cisco Systems Inc., the world's largest maker of computer networking equipment, the Skype deal creates a serious challenger to its video conferencing systems.
"Cisco does not oppose the merger, but believes the European Commission should have placed conditions that would ensure greater standards-based interoperability," Marthin De Beer, the head of Cisco's video conferencing division, wrote in a blog post.
Video conferencing equipment is a relatively small part of Cisco's overall sales, but it's growing rapidly. Cisco's latest major acquisition was of Tandberg, a Norwegian maker of video conferencing equipment. Cisco spent $3.4 billion for the company in 2010. |
|
|
|
|
|
| Law Firm Web Design Information |
| At Law Promo we know the legal field - we've been making websites exclusively for lawyers and law firms since 2004. This makes us one of the most experienced law firm web design agencies, providing our services to a thousand attorneys worldwide. Law Promo can construct your law firm a brand new responsive website, or help you redesign your existing site to secure your place in the mobile world. Law firm website design by Law Promo |
|
Lawyer & Law Firm Websites |
|
| |
| |
|
|
Sun Legal News RSS Feed
