Cisco rents out video conferencing rooms
Flights may be a thing of the past - executives can now talk face to face by hiring rooms fitted with TelePresence technology.
Cisco has begun renting out high-definition video conferencing rooms to the public, hoping to widen the use of a system that helps executives cut back on travel.
Cisco said it was now renting out rooms equipped with its TelePresence high-definition video screens with built-in microphone and camera lenses for 171 ($299) to 513 ($899) an hour.
The price depends on the size of the room, the largest of which can accommodate 18 people. Companies currently can buy TelePresence units for around 18,416 ($34,000) to 171,321 ($300,000) each.
There will be more than 100 rooms available by the end of 2009, including in New York's Pierre Hotel, Cisco said.
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