Cisco has announced that it has reached the 90 percent shareholder approval target it needed to complete the $3.4 billion acquisition of Norwegian video conferencing manufacturer Tandberg.

According to Gartner analysts Robert Mason, David Smith and Scott Morrison “This deal emphasizes the value of video to a comprehensive unified communications (UC) portfolio, but it also reflects the importance of infrastructure pull-through of video in the enterprise.

"Opportunities in the videoconferencing market...are available mostly for high-quality video, including telepresence, and for solutions that extend video capability to the desktop. Execution in the telepresence arena has been critical for vendors seeking to gain executive sponsorship, and the market considers the desktop the only vehicle that could realistically drive enterprise video to critical mass.”