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Ericsson Acquires M2M Platform

Ericsson signs deal to acquire Telenor Connexion’s machine-to-machine (M2M) platform. M2M refers to machines communicating with each other over a wired or wireless network. The deal follows the February launch of Ericsson’s Device Connection Platform, a service that Ericsson plans to sell to telecom operators. The platform is sold as a cloud service, offering operators the traditional cloud benefits of a low initial investment and a fast roll-out. In addition to the platform, 11 employees will move to Ericsson.”]

Source: https://www.csoonline.com/article/2128146/ericsson-acquires-m2m-platform.html

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