cxo voice
  • Home
  • News
  • Finance
  • Technology
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
  • Home
  • News
  • Finance
  • Technology
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain
No Result
View All Result
Leaders Interview, IT and Technology News India | CXO VOICE
No Result
View All Result

Ericsson to Acquire Kathrein’s Antenna and Filters Business

Deepa by Deepa
February 25, 2019
in News, Telecom
2 min read
Ericsson and Kathrein
0
0
0
0

Ericsson increasing its budget in 5G antenna technology. Ericsson is going to acquire Kathrein’s antenna and filters division with around 4,000 skilled professionals to complement Ericsson’s in-house capabilities and competences The transaction is expected to close in third quarter 2019 Preliminary and unaudited revenues from the acquired part of Kathrein were approximately EUR 270 million in 2018, excluding sales to Ericsson.

Kathrein, with headquarters in Rosenheim, Germany, founded in 1919, is a world leading provider of antenna and filter technologies and is an existing Ericsson supplier. The antenna and filters business has a strong R&D organization with extensive experience in antenna design and research, coupled with a strong IPR portfolio. In addition to broadening Ericsson’s portfolio of antenna and filter products, the acquisition will bring vital competence for the evolution of advanced radio network products.

The acquisition will include Kathrein’s antenna and filter business for mobile networks and will add around 4,000 highly-skilled professionals in R&D, production, and sales based in more than 20 locations, including Germany, Romania, the U.S., Mexico and China.

As antenna technology is growing in importance, Ericsson expands its Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities through the acquisition of Kathrein’s antenna and filters business.

The antenna domain is transforming into multiple frequencies and multiple technologies, while at the same time radios and antennas are being consolidated and even integrated to optimize the usage of site space and overall network performance. In addition, with more powerful 5G networks coming, this impacts antenna technology development further to provide the needed performance, capacity and coverage.

Fredrik Jejdling, Executive Vice President and Head of Business Area Networks, Ericsson, says: “Strengthening our in-house antenna competence is another important step in our Networks portfolio strategy. The acquisition of Kathrein’s antenna and filters business will expand our capabilities and competences in the advanced active and passive antenna domain further. With the additional focus on the antenna and filter business led by Kathrein professionals, we will broaden our offering to further optimize site space, which is vital for the introduction of 5G.”

  • Read More: 25 Percent of Digital Workers Will Use Virtual Employee Assistant (VEA) On a Daily Basis: Study

The acquisition is an asset deal where certain assets and liabilities are acquired by Ericsson at closing, which is expected in Q3 2019. It will be added as a separate unit in Business Area Networks and will be reported in Segment Networks, with a positive contribution to 2020 profitability targets. Preliminary and unaudited revenues from the acquired part of Kathrein were approximately EUR 270 million in 2018, excluding sales to Ericsson. The parties have agreed to keep the purchase price undisclosed.

Tags: 5G Antenna Technology5g technologyEricssonEricsson and KathreinFilters Business
Deepa

Deepa

Senior Writer and Editor at CXO VOICE, She writes about Technology, Cybersecurity and Financial news and updates. She can be reached at "[email protected]"

Related Posts

Technology Trends for 2020 by Padmanabhan Iyer, Managing Director and Global CEO, 3i Infotech
News

Technology Trends for 2020 by Padmanabhan Iyer CEO at 3i Infotech

December 11, 2019
Walmart Vriddhi Program for MSME entrepreneurs, supplier and small business
Entrepreneur

Walmart Vriddhi Program to help MSME Entrepreneurs to Grow their Business Globally

December 10, 2019
McAfee Threats Predictions 2020
Cyber Security

McAfee Threats Predictions 2020

December 5, 2019
Trend Micro Security Predictions Report 2020
Cyber Security

Trend Micro Security Predictions Report 2020 says DevOps and Cloud Proliferation to Increase More Risk

November 26, 2019
Vodafone-idea and airtel crisis
News

Telcos Vodafone-Idea and Airtel Seek Review on AGR Judgment

November 23, 2019 - Updated on November 24, 2019
TCS Microsoft new business unit
Enterprise

TCS Microsoft Business Unit set to Empower Enterprises Digital Journey

November 19, 2019
Sachin Bansal investment
News

Sachin Bansal infuses INR 890 crores into his investment venture Navi Technologies

November 14, 2019
Inosys whistleblower complaints allegations
News

Another whistleblower raises new allegations against Infosys CEO Salil Parekh

November 12, 2019
Sanjay Gupta Google India Country Manager Mumbai
News

Sanjay Gupta former Country Manager at Star and Disney Joins Google India

November 8, 2019
Load More
Next Post
SMBs Cyber Security

SMBs are Exposed to the Same Level of Threats as Large Enterprises [Interview]

Expert View

Digitization in banking sector creates more skilled workforce

Digitization creates more skilled workforce for the Indian banking sector

December 12, 2019
Technology Trends for 2020 by Padmanabhan Iyer, Managing Director and Global CEO, 3i Infotech

Technology Trends for 2020 by Padmanabhan Iyer CEO at 3i Infotech

December 11, 2019
Data Protection: Challenges and Trends for Banks

Data Protection: Challenges and Trends for Banks

December 9, 2019 - Updated on December 10, 2019
Best Apps to manage money for loan, fund transfer

Best Mobile Apps to Help You Manage Money

December 6, 2019

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Cybersecurity threats in banking sectors, how technology can combat cyber threats
Cyber Security

Cybersecurity Threats for Banking Sector, How Technology Can Help Combat Attacks [Interview]

-
CDN by Limelight Networks Ashwin Rao shares his view about
Leaders Talk

Limelight Networks with Secure CDN in India – Interview with Director Ashwin Rao

-
Surveillance industry in India interview with Abhishek Kumar
Leaders Talk

Present day scenario of surveillance industry in India [Interview]

-
Audio-Conferencing
Leaders Talk

How Audio Conferencing Solutions Can Drive Positive Impact on Business [Interview]

-
Leaders Interview, IT and Technology News India | CXO VOICE

CXO VOIce is a premier resource for the enterprises, SMBs and Startups CXOs and business leaders, It enables CXOs and business executives gain access key insights, experts views, analysis, business strategy, and leaders interviews on what’s happening in the market and its impact.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]

Newsletter

Subscribe to our mailing list to receives newsletter direct to your inbox!

  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2018 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Finance
  • Technology
  • Leaders Talk
  • Cyber Security
  • AI
  • Blockchain

© 2018 CXO VOICE