Communications Services M&A » By The Online Investor Staff, updated Tue., Mar. 9, 1:28 AM
Recent mergers and acquisitions in the Communications Services M&A category.
| This Slide: #65 of 100 |
Slide #65. Ericsson — Microsoft Mediaroom
Acquirer:
Ericsson (NASDAQ:ERIC)
Acquiree:
Microsoft Mediaroom
Details:
Ericsson (NASDAQ:ERIC) has today completed the acquisition of Microsoft's Mediaroom business and TV solution. Together with Ericsson's existing capability, the acquisition places the firm as the world's largest, by market share, and the most experienced provider of IPTV middleware technology and solutions.
Ericsson provides communications technology and services. Co.'s portfolio spans Networks, which supports various radio-access technologies and provides hardware, software and related services for both radio access and transport end-to-end; Digital Services, which provides solutions consisting of software, services and hardware in the areas of business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure; Managed Services, which provides networks and IT managed services, network design and optimization, and application development and maintenance to operators.
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Avg. Broker Rec.
 
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Strong Buy (3.75 out of 4) 72nd percentile
(ranked higher than approx. 72% of all stocks covered)
Analysts' Target Price: ERIC Stock Forecast Based on Zacks ABR data; powered by Xignite |
