Summary
Ericsson said it will acquire CENX for an undisclosed sum.
CENX has developed dynamic orchestration technologies that assist 5G operators with network slicing.
ERCI will bolster its offerings to mobile operators as it competes for market share in the next major wireless network upgrade.
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Quick Take
Telecommunications networking company Ericsson (ERIC) announced it has agreed to acquire CENX for an undisclosed amount.
CENX operates as a provider of network and service assurance operations software solutions.
ERIC is acquiring channel partner and portfolio company CENX to bolster its OSS (Operations Support Systems) offerings with CENX’ vendor-agnostic capabilities such as dynamic orchestration.
The deal will help ERIC provide additional 5G-centric services as it competes for the next major wireless system upgrade.
