Ericsson Acquires Danish Internet Specialist
Page 1 of 1
Ericsson Friday acquired a 75 percent stake in Danish company Telebit Communications A/S which specializes in developing new generation Internet solutions, for DKK 200 million (US$30 million).
The investment will be made over the next two years. Under the terms of the deal, Ericsson will integrate Telebit's line of solutions into its mobile network offerings.
Telebit was the first vendor to provide commercially available Internet router solutions based on the IP Version 6 standard. The company's dual IPv4/IPv6 products operate both systems.
Ericsson expects the new software will become an important element for optimizing combined voice, multimedia, data traffic, and security services over IP mobile networks.