Swedish telephone equipment maker Ericsson is making a $2.1 billion bet on new markets such as Internet television. In a deal announced late Tuesday, Ericsson said it plans to pay $25 a share (about ...
With $2.1 billion, company beefs up IP-routing expertise as it tries to help phone companies offer services like IPTV. Marguerite Reardon started as a CNET News reporter in 2004, covering cellphone ...
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