Security News > 2020 > September > Ericsson acquires Cradlepoint to accelerate 5G for enterprise

Ericsson has agreed to acquire Cradlepoint, the US-based provider of Wireless Edge WAN 4G and 5G Enterprise solutions.

Cradlepoint complements Ericsson's existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform.

Cradlepoint will become a fully owned subsidiary of Ericsson while continuing to operate under its existing brand.

The acquisition of Cradlepoint complements our existing offerings and is key to our strategy of helping customers grow the value of their 5G network investments.

"George Mulhern, CEO and Chairman, Cradlepoint says:"We have led the way in bringing the power of cellular networks and technologies to enterprise and public sector customers - helping them connect beyond the limits of traditional wired WANs.

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