YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Ericsson to buy US wireless networking firm in $1B deal

Posted online

Ericsson agreed to purchase U.S. wireless networking company Cradlepoint in a $1.1 billion deal.

The deal is Swedish telecoms gear maker Ericsson's largest in more than 10 years.

Cradlepoint offers routers and a subscription-based wireless networking service to businesses.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences