Cisco Unveils Lower-Price Videoconferencing Gear

The new products, which Cisco acquired when it bought Tandberg earlier this year, are aimed at midsize companies as Cisco expands its reach beyond Fortune 500 customers. The new products are part of Cisco’s TelePresence lineup….

EMC to Buy Data Storage Company Isilon for $2.25 Billion

Data storage firm EMC Corp. (EMC) will buy scale-out storage company Isilon Systems for $2.25 billion, the companies announced Monday.

The deal, which values Isilon at a price of $33.85 per share, is expected to complete before the end of this year, …

Vodafone Ordered to Pay $554 Million Deposit to Indian Court

Vodafone Group (VOD) was ordered by an Indian court to put up a deposit of 25 billion rupees ($554 million) while it challenges an Indian tax bill.

Vodafone, the world’s largest mobile-phone company, has to set aside 25 billion rupees with the court …

Former BP CEO Hayward Considers Career Options

Former BP (BP) CEO Tony Hayward is considering several career options since losing his job in the wake of the Gulf oil disaster.

Hayward is involved in the formation of a small company registered as 3E Capital, The Daily Telegraph reported. Hayward i…