Communications Services M&A » By The Online Investor Staff, updated Fri., Dec. 14, 8:34 AM
Recent mergers and acquisitions in the Communications Services M&A category.
| This Slide: #76 of 100 |
Slide #76. Ericsson — Red Bee Media
Acquirer:
Ericsson (NASDAQ:ERIC)
Acquiree:
Red Bee Media
Details:
Ericsson (NASDAQ:ERIC), a world-leading provider of communications technology and services, today announced its intention to acquire Red Bee Media, a world-leading media services company headquartered in the UK, from an entity controlled by Macquarie Advanced Investment Partners, L.P.
Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
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Avg. Broker Rec.
 
|
Hold (2.29 out of 4) 8th percentile
(ranked lower than approx. 92% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
