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(CHARTPOPPERS.COM, December 07, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Technology company Cisco Systems Inc. (NASDAQ:CSCO)
The Consolidated Investment Analysis on Cisco Systems Inc. (NASDAQ:CSCO)will be in particular interest to other competing companys within in its sector, such as Hewlett- Packard Co. (NYSE: HPQ), 3Coms Corp. ( NASDAQ: COMS) and Microsoft Corp. (NASDAQ: MSFT)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP)-based networking and other products to the communications and IT industry worldwide. The company company offers routers that interconnect public and private IP networks for mobile, data, voice, and video applications; switching systems, which provide connectivity to end users, workstations, IP phones, access points, and servers; application networking services; home networking products, such as voice and data modems, routers and gateways, Internet video cameras, home entertainment storage, wireless home audio, and home network management software; and network and content security, email, and Web security products.
Recent News on Cisco Systems Inc.
After a couple of months of negotiations, networking behemoth Cisco Systems, Inc. (CSCO: 24.16, 0.33, 1.38%) announced Friday that it holds enough shares of Tandberg ASA (TAA: undefined) to have voting rights and take ownership of the Norwegian firm, which makes videoconferencing systems.
Cisco said that 89.1% of Tandberg shareholders have agreed to accept its tender offer, and the company bought another 2% of TandbergÂ’s shares outstanding, bringing the total number of shares owned to 102 million shares or 91.1%.
The tender period on CiscoÂ’s offer for Tandberg actually expired on Thursday, and the company conceded it had not reached the 90% share-ownership threshold. Due to some last-minute share-purchases not included in the original count; however, the company was able to reach 90% share ownership, a spokesman told Dow Jones.
Cisco originally bid $3 billion for the videoconferencing company, but had to boost its offer when many Tandberg shareholders rejected the offer. Cisco raised its bid to $3.4 billion, and had to extend the acceptance deadline three times.
Shares of Cisco rose 33 cents or 1.38% in FridayÂ’s session, closing at $24.16 a share. The stock was up another 4 cents in after-hours trading.
To view the Consolidated Investment Analysis on Cisco Systems Inc. Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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