Ericsson closes $1.1bn Cradlepoint acquisition

Josh Budd
clock • 1 min read
Ericsson closes $1.1bn Cradlepoint acquisition

Telco giant claims acquisition will help it grab market share in 5G enterprise space

Ericsson has closed its acquisition of wireless edge vendor Cradlepoint as it looks to grab market share in the 5G enterprise space. The $1.1bn all-cash acquisition was first announced in September...

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