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Press Release -- April 5th, 2023
Source: Ericsson

Cradlepoint acquisition of Ericom strengthens Ericsson’s global enterprise ambitions

Ericsson’s drive to deliver second-to-none enterprise connectivity solutions for businesses of all sizes around the world has been boosted by the acquisition of cloud-based security specialist Ericom, by Cradlepoint, part of Ericsson. 

APR 05, 2023
Secure monitoring on a tablet in a factory enabled by Ericsson-powered 5G private network

Cradlepoint, itself a leader in enterprise-focused wireless WAN and private 5G networks, is part of Ericsson’s Business Area Enterprise Wireless Solutions (BEWS). The combined portfolio leads the industry in next-generation enterprise and private network connectivity with the broadest portfolio of 5G solution choices for enterprises and public sector agencies embracing digitalization and Industry 4.0.

With cybersecurity high of the agendas of enterprise digitalization strategies worldwide, Cradlepoint’s acquisition of Ericom – including its cloud-based enterprise security capabilities – strengthens Ericsson’s appeal as the portfolio solution of choice.

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.”

Will Townsend, vice president and principal analyst of networking and security at Moor Insights & Strategy, said: “Networking and security are rapidly merging within the enterprise, and the cloud is increasingly leveraged as the preferred SASE delivery mechanism. Cradlepoint’s acquisition of Ericom and its zero trust security capabilities should position the company well to capitalize, especially in organizations considering a 5G-centric deployment approach.”

David Canellos, CEO of Ericom, said: “The acquisition enhances our ability to meet the cybersecurity needs of global enterprises as they accelerate their rapid adoption of 5G technologies.”

For further details, read the related Cradlepoint press release: Cradlepoint Acquires Ericom and its Cloud-Based Enterprise Security Solution

Further tech detail

With the Ericom acquisition, Cradlepoint is building a unified platform for cellular first customers to combine wireless/5G networks and security to deliver PCN security, WAN Security, and Web security from single-pane-of-glass management.

While Cradlepoint’s Netcloud Exchange (NCX) platform focuses on PCN and WAN security, the Ericom acquisition allows Cradlepoint to combine PCN security, WAN security, and Web security to provide a converged networking and security software stack for cellular-focused enterprise customers.

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York.

Cradlepoint enables the freedom to connect people, places, and things that drive more experiences, more ways to work, and better business results — anywhere. The company is a pioneer in Wireless WAN, offering advanced 4G and 5G routers and adapters — controlled through Cradlepoint NetCloudTM. Enterprise businesses and public sector agencies rely on Cradlepoint and its Cellular Intelligence to build a reliable, secure network wherever they need it, connecting fixed and temporary sites, vehicles, IoT devices, and remote employees. Headquartered in Boise, Idaho, Cradlepoint is a wholly owned subsidiary of Ericsson (NASDAQ:ERIC, news, filings) and part of their Business Area Enterprise Wireless Solutions. It has international offices in Asia Pacific, Canada, Europe, India, and Latin America.

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