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Ericsson offers $1.4 billion bid for Tandberg

Tandberg Television has another suitor after Ericsson bid $1.4 billion for the video-processing company in a move designed, at least in part, to help Ericsson better compete as telecom and video converge. Ericsson's bid tops a Jan. 15 offer by Atlanta-based Arris. Bloomberg/ClipSyndicate (02/26), Bloomberg (02/26), Wall Street Journal, The (02/26)