Tandberg
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Tandberg - overview
Established
2003
Location
Oslo, -, Norway
Primary Industry
Media
About
Tandberg specializes in advanced video conferencing solutions that enhance collaboration and communication, primarily through its TelePresence products, designed for seamless interactions across diverse geographical locations. Tandberg, founded in 2003 in Oslo, Norway, provides cutting-edge video conferencing solutions. The company has undergone strategic changes to enhance its offerings but operates independently. Specific details on any mergers or acquisitions are not available.
As of now, there are no mentions of subsidiaries or parent companies. The founder's previous entrepreneurial history is not documented. In total, Tandberg has completed 2 significant deals. TelePresence, developed by Cisco Systems, is a suite of advanced video conferencing solutions designed to enhance collaboration by providing immersive, high-definition experiences.
Its core offerings include TelePresence systems that integrate multiple high-definition video streams, audio, and content sharing capabilities, allowing participants in different geographical locations to engage as if they were in the same room. These systems are utilized in various end-use cases, such as corporate meetings, product launches, and training sessions, catering primarily to businesses seeking to improve communication and collaboration efficiency. Cisco's TelePresence solutions have been adopted by a diverse client base, including Fortune 500 companies across North America, Europe, and Asia-Pacific regions, positioning them as leaders in enterprise video conferencing technology. The products are engineered to address the increasing need for remote connectivity, especially in industries such as healthcare, education, and corporate environments.
Cisco Systems generates revenue through a subscription-based model for its TelePresence solutions, which includes both hardware and software components. Clients typically engage in contracts that involve the purchase of TelePresence systems, along with ongoing service agreements that provide software updates, technical support, and training. This B2B transaction structure enables corporations to budget for communication technology as an operational expense rather than a capital expenditure. Key products that contribute significantly to the revenue include the Cisco Webex Suite, which encompasses various collaboration tools, and the TelePresence endpoints specifically designed for high-quality video interactions.
The pricing for these products and services is tailored to meet the needs of large enterprises, ensuring that companies can leverage TelePresence's capabilities for enhanced operational efficiency and productivity. Looking ahead, Tandberg plans to introduce new TelePresence solutions tailored for emerging markets, with anticipated releases in 2024. The company aims to expand its services into the Asia-Pacific and Middle Eastern regions by 2025. Recent funding will be allocated to research and development for these upcoming products, enhancing their technological offerings.
Silver Lake previously exited its stake in Tandberg.
Primary Industry
Media
Sub Industries
Consumer Electronics, Media
Website
www.tandberg.com
Total Amount Raised
Subscriber access only
Tandberg - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Tandberg | - | ||||||||
| Unspecified Exit | Completed | Tandberg | - |
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