Thursday, 22 June 2017

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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