Ericsson plans to acquire carrier edge router maker Redback Networks for $2.1 billion, giving the Swedish telecom giant ammunition to battle Cisco, Juniper and its new two-headed foe, Alcatel-Lucent ...
Redback Networks Inc., which makes routers used to direct data over broadband networks, said late Tuesday it has agreed to be acquired by Swedish mobile phone equipment maker LM Ericsson for $2.1 ...
COLORADO SPRINGS, Colo. — L.M. Ericsson's $2.1 billion offer for Redback Networks Inc. announced late Tuesday (Dec. 19) represents a 60 percent premium over the router company's recent stock price, ...
Swedish telecommunications company Telefonaktiebolaget LM Ericsson has agreed to acquire Redback Networks Inc., a maker of carrier edge routers, for $2.1 billion. Redback, in San Jose, makes routers ...
Telecommunications equipment maker Ericsson will buy data networking equipment vendor Redback Networks for $2.1 billion in cash, the companies said Tuesday. Once complete, the transaction would give ...
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