Shortly after the announcement that Ericsson is to acquire US firm Telcordia, Mike Hibberd spoke to Ericsson CEO Hans Vestberg about the deal. Vestberg explained what it means for his organisation, as well as the 2,600 Telcordia employees that will join the Ericsson payroll when the deal goes through.
The acquisition of U.S. –based OSS/BSS vendor Telcordia by Ericsson was not entirely unexpected as Telcordia’s owners announced earlier this year they were looking for a buyer. The $1.15bn price tag was just over the lower estimate of $1bn most pundits thought the company to be worth, so Ericsson probably got off lightly. The deal has confirmed however that in terms of the big players in OSS/BSS, it is the telecoms vendors and not as was widely expected some time ago IT vendors which are leading the charge towards the deployment of next-generation operational and business support systems.
Ericsson has announced its purchase of OSS/BSS giant Telcordia in a $1.15bn all cash deal. Ericsson CEO Hans Vestberg said the deal reflected the growing importance of operations and business support systems in an environment where “more and more devices are connected, services become mobile and new business models for mobile broadband are introduced.”
Operational Support Systems (OSS) are one of the most complicated and critical functions an operator will deploy, having as it does, a major effect on the company’s agility. On Thursday software vendor Telcordia unveiled an offering which gives integrator partners cloud-based access to its OSS portfolio.
Cyber security is receiving more than its fair share of attention at the moment. A major national security review by the UK government attracted attention this week by naming cyber attacks as a major security threat. This follows in the footsteps of the US where the National Security Agency and Department of Defense have also been focusing on the issue for some time now.
A step in the right direction but does it go far enough?
Sharing an allowance among family members is one ...
I agree with Dan about this being a excellent read, and that QNX is not well known but sooner or ...
Excellent read with some actual facts compared to the hack journalist/bloggers on the interest. Many don't understand what QNX ...
The main issue with Telenor is that whether they made underhand payments to ge the licenses. If they did, then ...
Over The Top providers have become the staple wildcard in almost any sector set on a collision path with mobile. By and large they are very good at what they do: connecting a user with their chosen content or service by whatever means available.
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