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
- Cadence Announces Most Comprehensive True Hybrid Cloud Solution to Provide Seamless Data Access and Management
- Dolphin Design expands GoAsic partnership to enhance the semiconductor Industry's Supply Chain
- Cadence Collaborates with MemVerge to Increase Resiliency and Cost-Optimization of Long-Running High-Memory EDA Jobs on AWS Spot Instances
- M31 Successfully Validates 5nm IP Solution to Empower Global AI Applications
- Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
Most Popular
- Rivos Raises More Than $250M Targeting Data Analytics and Generative AI Markets
- Semiconductor Capacity Is Up, But Mind the Talent Gap
- Zhuhai Chuangfeixin: OTP IP Based on 90nm CMOS Image Sensor Process Technology Successfully Mass Production
- CMC Microsystems and AIoT Canada Sign Memorandum of Understanding to support IoT and semiconductor ecosystem growth in Canada
- Microchip Technology Acquires Neuronix AI Labs