Ericsson Quietly Picks Up Redback; Another Example That Fixed Mobile Convergence Is

Ericsson Quietly Picks Up Redback; Another Example That Fixed Mobile Convergence Is on Its Way

Product Type: Market Research Report
Published by: IDC
Published: December 2006
Product Code: R104-28745

Description

Ericsson announced the purchase of Redback Networks today for $2.1B, a 60% premium over the Redback share price as of yesterday. With determination and competitive agility, Ericsson is adding to their arsenal of wireline equipment to provide a solution and architecture for the next generation of network infrastructure that will converge the mobile and fixed networks to deliver true IP multi-media applications and services.

Table of Contents

Table of Contents

In This Event Flash

Situation Overview

What are the benefits for Redback?

Future Outlook

Ordering and More Information

Price and Delivery Options

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