Ericsson denies Cisco takeover rumour
By Mary Lennighan, Total Telecom
Monday 16 November 15
CEO Vestberg says that despite last week's strategic partnership announcement, there have been no M&A discussions between the two vendors.
Ericsson on Monday dismissed rumours that it is the subject of a takeover bid from IT technology vendor Cisco.
"We note that there are rumours in the market regarding an acquisition of Ericsson by Cisco possibly spurred by the recent announcement of a partnership between our two companies…
Ericsson on Monday dismissed rumours that it is the subject of a takeover bid from IT technology vendor Cisco.
"We note that there are rumours in the market regarding an acquisition of Ericsson by Cisco possibly spurred by the recent announcement of a partnership between our two companies…
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