Ericsson
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Alchemist Accelerator closes $2.5 million to back enterprise tech startups
The Alchemist Accelerator has closed a $2.5 million fund for very early stage investments in tech startups serving large organizations in an era when robotics, artificial intelligence and the internet of things are fundamentally changing the way they operate. Limited partners in Alchemists’ second fund included Johnson Controls, Ericsson, and Analog Garage, a VC arm of Analog… Read More
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Ericsson acquires data center automation service NodePrime
Ericsson today announced it has acquired NodePrime, a San Francisco-based startup that helps enterprises manage their data centers. NodePrime came out of stealth last September after the company raised $7 million in seed funding from Menlo Ventures, NEA, Formation 8, Initialized Capital, Crosslink Capital, Rubicon Venture Capital, and TEEC Angel Fund. Ericsson also participated in this round… Read More
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Ericsson + Cisco Ink Strategic Deal Projected To Bring Each $1B More In Sales By 2018
It’s not another massive enterprise merger, but two of the biggest companies whose equipment and technology underpin a lot of our communications networks today are now teaming up. Ericsson and Cisco have announced a strategic partnership, in which the two will collaborate on sales and products covering virtually the whole range of their respective businesses. This will include… Read More
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6.1B Smartphone Users Globally By 2020, Overtaking Basic Fixed Phone Subscriptions
Today there are 2.6 billion smartphone subscriptions globally, and while growth has been levelling off in developed markets like the U.S. and Europe, it’s not stalling altogether by a long shot. By 2020, globally there will be 6.1 smartphone users led by huge growth in less mature markets. And with 6.1 billion smartphones in circulation, we will see a tipping point of sorts:… Read More
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Ericsson Sues Apple Over Patent Licensing, Seeks To Block iPhone And iPad Sales
Ericsson, the pioneering wireless technology company that holds many patents related to cellular network connectivity, has filed suit against Apple both with the International Trade Commission (ITC) and the U.S. District Court for the Eastern District of Texas, claiming violation of 41 patents that apply to both the iPhone and iPad. These include essential patents related to 2G and LTE tech,… Read More
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