MFGP - Ericsson To Acquire CENX For 5G Networking Tech
Quick Take
Telecommunications networking company Ericsson (ERIC) announced it has agreed to acquire CENX for an undisclosed amount.
CENX operates as a provider of network and service assurance operations software solutions.
ERIC is acquiring channel partner and portfolio company CENX to bolster its OSS (Operations Support Systems) offerings with CENX’ vendor-agnostic capabilities such as dynamic orchestration.
The deal will help ERIC provide additional 5G-centric services as it competes for the next major wireless system upgrade.
Target Company
Jersey City, New Jersey-based CENX was founded in 2009 to use the power of big data