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Ericsson to buy Canada’s BelAir Networks
23 February 2012
Ericsson buys privately held wifi specialist BelAir to boost integration of wifi and mobile technologies
Ericsson has agreed to acquire 100% of privately held Canadian equipment vendor BelAir Networks for an undisclosed price.
Ericsson said the move was in line with its heterogeneous network strategy involving the integration of mobile technologies and wifi to enhance the overall mobile broadband experience. The company added that the acquisition of BelAir would provide it with a strong carrier grade wifi portfolio, technological expertise, customer contracts and intellectual property.
Hans Vestberg, CEO of Ericsson, said: “Ericsson will lead the way in the growing converged wifi and cellular market where improved end-user experience is the driving force. By integrating BelAir Networks’ market-leading products and competence into Ericsson's existing radio portfolio, we will be able to do this more quickly. We welcome 120 highly skilled people into the company.” GTB
Further reading from Global Telecoms Business:
Ericsson completes Telcordia purchase 12 Jan 2012
Ericsson to acquire Telcordia for $1.15bn 14 Jun 2011
Ericsson links with Akamai for mobile content 14 Feb 2011
Interview: Hans Vestberg of Ericsson 05 Mar 2010