Ericsson scoops up fiber access company Entrisphere

Ericsson has acquired fiber access equipment maker Entrisphere for an undisclosed sum. Entrisphere provides gigabit passive optical network (GPON) technology to North American carriers. The startup began in 2000 and has 70 employees. Last December, Ericsson made a big splash in the sector when it acquired Redback networks for a cool $2.1 billion in cash. While the details are undisclosed about the most recent acquisition, I bet it's less than Redback's. Entrisphere and Ericsson have partnered on the technology since 2005.

For more on the acquisition:
take a look at this article from TMC.net

Suggested Articles

A massive media conglomerate like Comcast/NBCUniversal makes news often but this week was particularly busy with an acquisition, a big name reveal and a major…

DAZN, a subscription sports streaming service that launched in 2018, has a new distribution deal in place on Comcast’s X1 and Flex video platforms.

Given the accelerating rate at which consumers are going online for entertainment, Roku said that streaming TV viewers could surpass the amount of pay TV…