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

Viamedia, a local video and digital advertising platform, said that its ongoing antitrust lawsuit against Comcast appears to be heading to trial.

Altice USA has struck a deal with Apple that will allow its video subscribers to buy an Apple TV 4K device from the provider and access Altice One.

WOW! is offering its broadband customers in Charleston access to Sling TV, fuboTV, YouTube TV and Philo.