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Ericsson acquires USA-based Azuki Systems

Thursday, 6 Feb 2014 09:00am EST 

Ericsson:Says has entered into an agreement to acquire Massachusetts-based Azuki Systems, Inc.Says Azuki Systems is a provider of TV Anywhere delivery platforms for service providers, content owners and broadcasters.Says through the acquisition, Ericsson aims to accelerate the availability of new and compelling viewing experiences across a variety of devices and screens.Says the acquisition is expected to close before the end of February, subject to customary closing conditions.Says Azuki Systems will be incorporated into Business Unit Support Solutions.Financial details were not disclosed. 

Company Quote

-0.17 -1.46%
22 Oct 2014