Ericsson Acquires Airvana's EVDO Business
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.
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