The leading networking and telecommunications company Ericsson has signed an agreement to acquire Barcelona based Genaker, a provider of Mission Critical Push-to-talk (MC-PTT) solutions. Genaker was founded in 2004 and employs about 30 people, all of whom will transfer to Ericsson after completion of deal.
The acquisition of Genaker strengthens Ericsson’s MC-PTT offering as the mission critical communications and private network market. Ericsson has been a pioneer in Mission Critical Push-to-talk over 3GPP technology. The deal is a building block in Ericsson’s focus on strengthening service providers’ capabilities towards mission critical users.
The major expansions and collaborations by Ericsson are mentioned below:
January 2020: Ericsson in collaboration with VodafoneZiggo unveil 5G Hub in the Netherlands. The new 5G Hub located in High Tech Campus Eindhoven’s building features a testing laboratory, training facilities, and a demo studio with 5G and IoT capabilities.
December 2019: Ericsson collaborated with Microsoft to bring connected vehicle expertise together. Ericsson is building its Connected Vehicle Cloud on top of the Microsoft Connected Vehicle Platform that is running on the Microsoft Azure cloud platform.
November 2019: Ericsson and OPPO, a Chinese mobile company, whose products include 5G handsets, established a joint lab in Shenzhen, China, focusing on 5G innovation.
October 2019: Ericsson announced the completion of acquisition of the antenna and filter division of Kathrein, a world leading provider of antenna and filter technologies with headquarters in Rosenheim, Germany.
Ericsson, headquartered in Stockholm, Sweden, is a leading communications service provider. The company’s portfolio includes Networking, Digital Services, Managed Services, and Emerging Business. The company also help customers to go digital, increase efficiency and find new revenue streams. The company has also television and video systems, and related services.