6:15 PM --
It may not carry the weight of Cisco Systems Inc. (Nasdaq: CSCO)'s decision to drop the Scientific Atlanta brand two years after it bought the cable equipment maker, but Ericsson AB (Nasdaq: ERIC)'s getting ready to do the same to Tandberg Television early next year.
With that all but done, Tandberg is rapidly becoming an extinct video technology animal -- in name, anyway. Cisco recently upped its bid for Tandberg ASA (OSE: TAA), the telepresence company, for $3.4 billion. If Cisco's successful, there's more than a good chance it will drop the Tandberg brand, too. (See Cisco Tries Again With Tandberg.)
Under fire from US broadcasters, Locast is appealing for funds to help it mount a legal defense, a move that was attempted eight years ago by Ivi Inc., an OTT-TV company that was sued out of existence.