English
Cisco, Ericsson Flirt with Merger
Rick Merritt, SiliconValley Bureau Chief
EETimes (11/9/2015 02:00 PM EST)
In a rapidly consolidating tech industry, sometimes the biggest players are at a disadvantage. Such is the case with Cisco Systems and Ericsson the world's biggest makers of infrastructure for wired and cellular networks.
The giants are too large to win approval from regulators to merge into the market behemoth they would most like to create. So they announced today a set of agreements to resell each other’s products and services as well as work to forge a tighter patent-licensing agreement.
It’s a good move executed under pressure. Rivals Nokia and Alcatel-Luncent announced in April plans for a $16 billion merger that would create the world’s second largest provider of telecommunications systems. With about $28 billion in revenues, the combined companies would leapfrog China’s Huawei, the current second place vendor, but still fall behind Ericsson.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
Related News
- Huawei and Ericsson Sign Long-Term Patent Cross-Licensing Agreement
- Silicon Motion Terminates Merger Agreement with MaxLinear and Intends to Pursue Substantial Damages in Excess of the Agreement's Termination Fee Due to MaxLinear's Willful and Material Breaches of the Merger Agreement
- Four Large Agreements Prop Up 2022 Semiconductor M&A Total
- FTC Sues to Block $40 Billion Semiconductor Chip Merger
- Nvidia-Arm merger would substantially lessen competition says U.K. government report
Breaking News
- Baya Systems Raises $36M+ to Propel AI and Chiplet Innovation
- Andes Technology D45-SE Processor Achieves ISO 26262 ASIL-D Certification for Functional Safety
- VeriSilicon and Innobase collaboratively launched second-generation Yunbao series 5G RedCap/4G LTE dual-mode modem IP
- ARM boost in $100bn Stargate data centre project
- MediaTek Adopts AI-Driven Cadence Virtuoso Studio and Spectre Simulation on NVIDIA Accelerated Computing Platform for 2nm Designs
Most Popular
- Alphawave Semi to Lead Chiplet Innovation, Showcase Advanced Technologies at Chiplet Summit
- Arm Chiplet System Architecture Makes New Strides in Accelerating the Evolution of Silicon
- InPsytech Announces Finalization of UCIe IP Design, Driving Breakthroughs in High-Speed Transmission Technology
- Cadence to Acquire Secure-IC, a Leader in Embedded Security IP
- Blue Cheetah Tapes Out Its High-Performance Chiplet Interconnect IP on Samsung Foundry SF4X