Cisco is greatly expanding its capabilities in the video conferencing business with the acquisition of Norway's Tandberg for $3 billion in cash, in a deal announced earlier today.

The big trend to watch here is that expensive corporate teleconferencing will become less expensive and more pervasive.  Earlier this year, we visited Cisco's San Jose office to speak with Ken Wirt about plans to extend teleconferencing services and products to consumers.

This is a great interview about what to expect in person-to-person high quality video which is far higher quality than IM video or Skype.

We expect to see high quality, accessible live video for consumers to be part of the media landscape before too long.

Andy Plesser, Executive Producer