NEC Corporation has entered into a definitive agreement with Aviat Networks to integrate its Wireless Transport Business with Aviat's in an asset purchase transaction valued at $70 million US dollars.
LATEST NEWS
Canadian PM Justin Trudeau Announces R&D Partnership With Ericsson
A five-year R&D partnership valued at more than CAD 470 million between Ericsson and the Government of Canada is set to put the country at the forefront of global development in next-generation communications technologies. The investment at Ericsson’s Ottawa, Ontario, and Montreal, Quebec, facilities is expected to create and upskill hundreds of jobs, strengthening the sites as global leaders in 5G Advanced, 6G, AI, Cloud RAN and Core Network technologies.
Jeanette Irekvist Appointed as President of Ericsson Canada
Jeanette Irekvist will assume additional responsibilities as President of Ericsson Canada, effective immediately, while remaining her position as the Vice President and Head of Customer Unit Canada and a member of Ericsson’s North America executive team. She takes over the role as President of Ericsson Canada from Graham Osborne, Vice President, Customer Unit Verizon.
Radisys Buys Mimosa Networks for $US 60 Million
Airspan Networks Holdings and Radisys, a wholly owned subsidiary of Jio Platforms Limited announced the sale of Mimosa Networks to Radisys for US$ 60 million, on a debt free, cash free basis.
Nokia’s 5G Core to Support Comcast’s Mobile Connectivity Efforts
Nokia and Comcast announced plans to use Nokia’s 5G software and support services to provide Comcast with the capabilities to deliver new, seamless connectivity experiences to Xfinity Mobile and Comcast Business Mobile customers in its service areas across the United States.