Ericsson Buys CradlePoint in $1.1 Billion Deal to Build 5G
The Ericsson AB logo sits on a flag as it flies outside the company’s data networking devices factory in Tallinn, Estonia. (Photographer: Peter Kollanyi/Bloomberg)

Ericsson Buys CradlePoint in $1.1 Billion Deal to Build 5G

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(Bloomberg) -- Ericsson AB has agreed to buy CradlePoint Inc., a U.S. provider of wireless solutions that the Swedish technology giant says will help it expand its 5G footprint.
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