·
· Acquisition complements
· Transaction expected to close during Q4 2020, subject to merger clearance and other closing conditions
The combined offering will create valuable new revenue streams for customers by supporting full 5G-enabled services for enterprise, and boost returns on investments in the network.
The acquisition price amounts to an enterprise value of
Wireless wide area network (wireless WAN) Edge solutions connect through 4G and 5G to deliver fast, secure, and flexible connectivity wherever and whenever it is needed for businesses, mobility and critical frontline emergency services.
Founded in 2006,
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About
Forward-looking statements
This release includes forward-looking statements, including statements reflecting management's current views relating to the growth of the market, future market conditions, future events, financial condition, and expected operational and financial performance, including, in particular the following:
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https://news.cision.com/ericsson/r/ericsson-accelerates-5g-for-enterprise-with-acquisition-of-cradlepoint,c3196165
https://mb.cision.com/Main/15448/3196165/1307719.pdf
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