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Ericsson scoops up Redback for $2.1B
22 января 2007 |
The deal follows Ericsson's acquisition of some of Marconi's assets last year, which set off a wave of mergers and acquisitions in the networking sector. The Marconi deal opened up deals for Ericsson throughout Europe, and the Redback deal will pave the way for IPTV deals in the U.S. Ericsson has had a slow but sure entrance into IPTV during the past year, as it looks to an IMS architecture as the key to the service. Well, this acquisition could put the company on the fast track by as early as mid next year.
FierceIPTV
22.01.2007
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