Showing posts with label Video Conference Technology. Show all posts
Showing posts with label Video Conference Technology. Show all posts

Saturday, March 20, 2010

Cisco and Tandberg reveal details on integration - FierceVoIP

Cisco and Tandberg are expecting the final regulatory thumbs-up during the first half of 2010 for the $3.4 billion acquisition deal and when that happens it will be full speed ahead on getting their systems to interoperate.

Once the acquisition goes through, Cisco plans to create the Cisco TelePresence Technology Group which will include both Cisco and Tandberg's products. The group will focus on open integrated architecture standards to make interoperability between the group's products and third party UC systems easier. The new TelePresence group will include a number of product lines: immersive TelePresence, multipurpose room systems, personal systems, platform portfolio, infrastructure and TelePresence as a service.

Back in January, Cisco released TelePresence Interoperability Protocol (TIP) into the wild in hopes to spur more interoperability with third parties. According to eWeek, some competitors like Polycom believe that while the new protocol may help interoperability along, the creation of protocols should be left up to third-party standards bodies rather than dominant players in the industry.

(Source - Cisco and Tandberg reveal details on integration - FierceVoIP)

Thursday, March 18, 2010

MLabs targets 50% video conferencing market share

KUALA LUMPUR: ACE Market-listed MLABS SYSTEMS BHD is targeting to increase its share of the local video conferencing market to 50% in the next five years from 30% at present.

The company, which manufactures both the hardware and software for video conferencing TECHNOLOGY , said it would use proceeds from its latest rights issuance for sales and marketing of its video conferencing system, hardware purchases and for the "expansion" of personnel. MLabs shareholders approved yesterday the company's proposed renounceable rights issue of 51.48 million shares together with 77.22 million free detachable warrants on the basis of two rights shares and three warrants for every four existing shares. The rights shares are priced at 10 sen apiece while the indicative price of the warrants is also 10 sen each.

MLabs executive director Ismail Ahmad said the company would focus its marketing efforts on government agencies as well as the business community. "We are in talks with some of these parties. We are confident in sealing more deals, especially with the government agencies," Ismail told The Edge Financial Daily today.

He added that the company had in previous months sealed deals with some government agencies like the Prisons Department to install such systems.

MLabs partners Universiti Sains Malaysia for the research and development (R&D) of its video conferencing products.

"We are currently developing high-definition and telepresence video conferencing technology. We hope to introduce it at half the price — below RM50,000 — offered by well-known competitors," MLabs R&D chief Prof R Sureswaran said.

"We actually have a prototype unit — the software portion of it. And we're trying to get hardware to support the software now. We expect to be able to release working units by the end of the year."

The company said its biggest competitive advantage was its lower set-up costs.

According to a Bursa Malaysia filing, MLabs' net loss narrowed to RM791,000 in the year ended Dec 31, 2009 from a net loss of RM6.88 million in 2008. Revenue increased to RM2.87 million from RM1.41 million.

(Source - MLabs targets 50% video conferencing market share)