Communications Services M&A » By The Online Investor Staff, updated Sat., Feb. 27, 2:31 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 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 |
