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Home » Cradlepoint to acquire security specialist Ericom

Cradlepoint to acquire security specialist Ericom

April 5, 2023
in Enterprise, Financials
A A

Cradlepoint, which is a subsidiary of Ericsson, has acquired cloud-based security specialist Ericom. Financial terms were not disclosed.

Ericom’s zero trust and cloud-based security solutions will form the basis of the new Cradlepoint NetCloud Threat Defense cloud service, expanding the company’s mobile-capable and router-integrated SASE (secure access service edge) and zero trust portfolio of solutions for fixed-site, remote worker, in-vehicle and IoT use cases.

Welcoming Ericom, George Mulhern, Head of Ericsson Business Area Enterprise Wireless Solutions and CEO of Cradlepoint, said: “We can now deliver a comprehensive SD-WAN and SASE solution for Wireless WAN and private cellular networking, leveraging 5G while addressing the wireline needs of enterprise customers.”

Source: Ericsson
Tags: EricssonMergers and Acquisitions
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