Tandberg
Defunct electronics manufacturer / From Wikipedia, the free encyclopedia
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Tandberg was an electronics manufacturer located in Oslo, Norway (production, sales and distribution) and New York City, United States (sales and distribution). The company began in the radio field, but became more widely known for their reel-to-reel tape recorders as well as cassette decks[2] and televisions. The original company went bankrupt in 1978, after a sharp financial downturn. The following year, the company re-formed whilst their data division was split off as Tandberg Data, including the tape recording division, which reduced its scope to data recording.
Company type | Division |
---|---|
Industry | Telecommunication |
Founded | 1933; 91 years ago (1933) |
Founder | Vebjørn Tandberg |
Defunct | 19 April 2010 (2010-04-19) |
Fate | Acquired by Cisco Systems |
Headquarters | Lysaker, Norway |
Key people | Jan Chr. Opsahl (CEO, Chairman) |
Products | Videoconference and telecommunications equipment |
Revenue | US$808.8 million (2008)[1] |
US$176.7 million (2008)[1] | |
US$140.8 million (2008)[1] | |
Number of employees | 1,450 (2008)[1] |
Parent | Cisco Systems |
Over time the original Tandberg company became increasingly involved in the teleconferencing systems, and became a leader in that field. The company's main competitor was Polycom and other competitors were HP, Sony, Radvision, VTEL and Aethra.[3]
Cisco Systems acquired Tandberg on 19 April 2010.[4] Tandberg Data is now officially a German company, and continues to make computer tape storage systems.