Ericsson Acquires Airvana's EVDO Business


Friday, 6 Sep 2013 08:00am EDT 

Ericsson announced that it has acquired Airvana Network Solutions' EVDO business. The transaction was structured as a stock purchase. Airvana's approximately 38 EVDO specialists joined Ericsson group. Airvana Network Solutions is a Massachusetts-based company and supplier of EVDO software to Ericsson. EVDO software enables data transmission in a CDMA wireless network and is an important part of the CDMA ecosystem. 

Company Quote

85.95
-1.5 -1.72%
11:30am EDT