Ericsson (ERIC) Reports Acquisition of Genaker
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Ericsson to Acquire Genaker to Strengthen Mission Critical Push-to-talk Offering
March 12, 2020 4:13 AM EDTSTOCKHOLM, March 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed an agreement to acquire 100 percent of the shares in Genaker, a provider of Mission Critical Push-to-talk (MC-PTT) solutions, based in Barcelona, Spain.
The acquisition strengthens Ericsson's MC-PTT offering as the mission critical communications and private network market is going through a significant technology shift. Traditionally, public safety communications have relied on private land mobile radio (LMR) networks limited to simple push-to-talk ("walkie talkie") functionality. With increasing demand for exchange of other types of data, such as pictures and videos,... More
