Ericsson is the new fresh prince of BelAir Networks. That is, on Monday, the company confirmed the completion of its acquisition of BelAir Networks, a North American carrier-grade Wi-Fi company.
This acquisition gives Ericsson a strong carrier-grade Wi-Fi portfolio, technological expertise, IPR, and established customer contracts and relationships, Ericsson said Monday morning in a press release.
As Mobile Marketing Watch reported on February 21, 2012, Ericsson had previously entered into an agreement to acquire 100 percent of the shares in BelAir Networks.
“We are gaining BelAir Networks’ leading position in carrier-grade Wi-Fi equipment both in terms of installed base and product portfolio. By integrating BelAir Networks’ talented people and these new assets into Ericsson’s mobile infrastructure leadership, we will accelerate the integration of Wi-Fi and cellular technologies and strengthen our heterogeneous network (hetnet) offering,” said Johan Wibergh, Executive Vice President and head of business unit Networks at Ericsson.
“We welcome BelAir Networks’ 120 employees to Ericsson. Together we can deliver the industry’s first integrated Wi-Fi cellular offering to Ericsson’s global customer base in 180 countries, to enhance consumers’ mobile broadband experience,” added Wibergh.