Communications Services M&A » By The Online Investor Staff, updated Thu., Apr. 25, 10:22 PM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #61. Ericsson — Airvana's EVDO business
Acquirer:
Ericsson (NASDAQ:ERIC)
Acquiree:
Airvana's EVDO business
Details:
Ericsson (NASDAQ:ERIC), a world-leading provider of communications technology and services, announced today it has acquired Airvana Network Solutions' EVDO business. The transaction was structured as a stock purchase.
Ericsson enables communications service providers and enterprises to capture the value of connectivity. Co.'s portfolio spans the following segments: Networks, which provides multi-technology capable Radio Access Network solutions for all network spectrum bands, including hardware and software; Cloud Software and Services, which provides solutions for main networks, business and operational support systems, network design and optimization, and network managed services; and Enterprise, which comprises of three Business Areas offering solutions primarily to Enterprise which are Global Communications Platform, Enterprise Wireless Solutions, and Technologies and New Businesses.
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Avg. Broker Rec.
 
|
Sell (1.44 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: ERIC Stock Forecast Based on Zacks ABR data; powered by Xignite |
