June 15, 2011
Cisco: Happy to be the Lamborghini of teleconferencing
“Vidyo’s founder, Ofer Shapiro, says his company’s not just competing on price. With $74 million in venture backing, Vidyo has developed a telepresence system that will allow up to 20 screens instead of the usual three- or four-screen solution. The company also says it uses bandwidth more efficiently and doesn’t require any special, costly networks to be deployed. But, bottom line, price is Vidyo’s big differentiator. ‘They [Cisco] are selling Rolls-Royces and Lamborghinis,” says Shapiro, Vidyo’s founder and CEO. “We’re selling the Hondas and Acuras.’” [Click on the headline to read more]
