RADVision Hit on Cisco-Tandberg (RVSN, CSCO)

Posted in pre-market 
November 16th, 2009

RADVision Ltd. (NASDAQ: RVSN) is under pressure on fairly thin volume because it is pre-market.   As Cisco Systems (NASDAQ: CSCO) is juicing up the buyout offer to secure a Tandberg acquisition from a dissident group of minority-stake shareholders.   Tandberg is a further move to video for Cisco, yet Cisco is RADVision’s largest client for video.  RVSN already took a hit from $9 to $6 when the deal was first announced in late-September.  Volume is still light as the stock only trades about 200,000 shares per day on average and has a market cap of $136 million.  Shares are down over 7% at $6.51 as of 8:16 AM EST.

JON OGG

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