Ericsson is growing. Takes over ... - Money.pl

2013-07-05 12:10 />

[Photo: Ericsson]

By (DZ)

global provider of technology and telecommunications services, wants to take over the company Red Bee Media. – Provide broadcasters benefit from increased access to digital content, which makes it possible to reap greater profits from television content – provides Magnus Mandersson (in the photo.), Executive vice president and general manager of global services at Ericsson.

The transaction is subject to the relevant statutory administrative approvals and consultations. After the war, Red Bee Media will be incorporated into the global services division of Ericsson.

With the acquisition in 1240 of workers Red Bee Media in the UK the number of people employed in the British branch of the company will increase to about 4 000, of which more than one third will be working in the media services department.

calculate specialists provider, today over 40 percent of global mobile traffic passes through Ericsson networks. Founded in 1876, the company operates in 180 countries and employs about 100 000 people. It is listed on NASDAQ OMX Stockholm and NASDAQ New York.

Acquired by the giant company Red Bee Media was founded in 2005. It deals with, inter alia, the issuance and digital transmission of video and metadata delivery – every year, provide as enumerated same sender, more than 100 000 hours subtitles for broadcasters.

class=”hdwa”> Year 2013 plentiful for the giant This is not the first acquisition of this year, conducted by Ericsson. In April, it entered into an agreement with Microsoft for the acquisition of the business unit involved in the development of the Mediaroom TV platform. As a result of this transaction, Ericsson had co me to become a leading provider of Internet TV (IPTV) and large screen, and its share in this market is projected at over 25 percent.

– According to the vision of the network society (Networked Society), Ericsson predicts that soon via broadband and mobile Internet and cloud will be 50 billion connected devices. Distribution of the video will be in the future a similar effect on the behavior of individuals and their use of services offered, which had once mobile phones. The transaction will provide Ericsson a leading position in the industry, indicating acquisition of more than 40 clients with more than 11 million subscriber households. Ericsson will take over a major business unit Mediaroom specialists and some of the most skilled workers in the field of distribution of IPTV – argued Per Borgklint, vice president and head of Ericsson solutions that support the business.

Ercsson estimates that in 2013 the global IPTV market will reach 76 million subscribers, providing revenues of $ 32 billion, while in 2015 the number of subscribers will increase to 105 million, providing revenues of $ 45 billion.

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