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March 31, 2014
05:29 EDTERICEricsson named network supplier, managed service provider for Telenor in Myanmar
Ericsson announced that it has been awarded a 5-year contract for multivendor managed services to support Telenor's nationwide network rollout. Telenor's network in Myanmar is expected to cover 90% of the country's population of more than 60M in five years. It will be a multi-standard network comprising 2G and 3G to provide customers with both excellent voice quality and high-speed data connectivity. The multi-standard network combines GSM/EDGE, WCDMA/HSPA, LTE, IP-based transport systems and its common Operations Support Systems in a fully optimized RAN. This provides flexibility for the network to be tailored to the traffic profile in different parts of the country, and to integrate new spectrum bands as they become available. In preparation for the network deployment, Ericsson announced that local hiring will continue over the next few months, and that investments in training and development have taken place over recent months for those already on board. In addition, Ericsson will be drawing on specialist expertise from similar deployments elsewhere in the world.
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September 18, 2014
05:15 EDTERICEricsson discontinues development of modems
Ericsson announced it will discontinue future development of modems and shift parts of resources in modems to radio network R&D to better capture growth opportunities in this area. The change in strategy for modems comes as the company completes its previously communicated evaluation of the future of the modems business. In order to capture opportunities in radio networks, especially within small cells, energy efficiency and M2M, Ericsson has an immediate need to increase its R&D resources by approximately 500 people. Parts of the Modems organization have a relevant R&D competence base to support this growth.
September 12, 2014
07:05 EDTERICEricsson agrees to acquire Fabrix Systems for $95M
Ericsson announced it has entered into an agreement to acquire Fabrix Systems, a leading provider of cloud storage, computing and network delivery for video applications that today power some of the most advanced cable and telecom cloud DVR deployments. Fabrix Systems further extends Ericsson's leading TV and media portfolio with a cloud based scale out storage and computing platform focused on providing a simple, tightly integrated solution optimized for media storage, processing and delivery applications such as cloud DVR and video-on-demand expansion. Fabrix Systems was founded in 2006 with offices in the US and Israel and brings a team of highly skilled cloud computing software engineers. The company has 103 employees. The purchase price for 100% of the shares in Fabrix Systems is $95M. The acquisition is expected to close in the Q4, subject to customary closing conditions. Fabrix Systems will be incorporated into Business Unit Support Solutions.
07:01 EDTERICIDT Corp to sell Fabrix Systems to Ericsson
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September 10, 2014
12:06 EDTERICEricsson, SAP announce solution for enterprise mobility management
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September 9, 2014
07:29 EDTERICUBM Canon to hold a summit
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07:28 EDTERICThe Money Event, Inc to hold a conference
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07:17 EDTERICThe Wireless Association to hold a conference
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07:11 EDTERICUBM Tech to hold a conference
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