
This Slide: #50 of 100 |
Slide #50. Ericsson — Azuki Systems
Acquirer:
Ericsson (NASDAQ:ERIC)
Acquiree:
Azuki Systems
Details:
Ericsson (NASDAQ:ERIC) today announced it has entered into an agreement to acquire Massachusetts-based Azuki Systems, Inc., a provider of TV Anywhere delivery platforms for service providers, content owners and broadcasters.
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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![]() Strong Buy (3.75 out of 4) 70th percentile
(ranked higher than approx. 70% of all stocks covered)
Analysts' Target Price: ERIC Stock Forecast Based on Zacks ABR data; powered by Xignite ![]() |
