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Tandberg Audio
Tandberg was an electronics manufacturer located in Oslo, Norway (production, sales and distribution) and New York City, United States (sales and distribution). The company began in the radio field, but became more widely known for their reel-to-reel tape recorders as well as cassette decks and televisions. The original company went bankrupt in 1978, after a sharp financial downturn. The following year, the company re-formed whilst their data division was split off as Tandberg Data, including the tape recording division, which reduced its scope to data recording. Over time the original Tandberg company became increasingly involved in the teleconferencing systems, and became a leader in that field. The company's main competitor was Polycom and other competitors were Hewlett-Packard, HP, Sony, Radvision Ltd., Radvision, VTEL and Aethra Telecommunications, Aethra. Cisco Systems acquired Tandberg on 19 April 2010. Tandberg Data became a Germany, German company dedicated to making ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
