Ericsson is all set to acquire BelAir Network in a move that is sure to help the company expand their mobile broadband offerings designed for the wireless carriers.
On 21st February, the company declared that the acquisition would give Ericsson various advantages such as technology expertise, a carrier-grade WiFi portfolio, patent rights as well as pre-established customer relations.
The financial details of the deal have not been disclosed by any of the parties, however, the deal will be closed during the first half of this year with 120 BelAir employees the joining Ericsson enterprise soon after, reported eWeek.
Ericsson CEO, Hans Vestberg, commented that the integration of BelAir Networks' portfolio will "lead the way in the growing converged WiFi and cellular market where improved end-user experience is the driving force".
Once the acquisition has been completed BelAir Networks' products will be complementing Ericsson's Network Integrated WiFi platform. The company launched this platform in September in the hope of creating a "truly integrated network" to accelerate the integration of WiFi along with cellular technologies.