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Ericsson Completes Acquisition Of Ambient Corp.(dpa-AFX International Compact Via Acquire Media NewsEdge) STOCKHOLM (dpa-AFX) - Ericsson (ERIC) announced it has completed the acquisition of Ambient Corp., a US-based provider of smart grid communications technology for utilities. Ambient will be integrated into Ericsson's Global Services organization. The acquisition increases Ericsson's ability to help utilities maximize their investments in smart grids. The Ambient smart grid communications platform, which includes hardware and software elements, provides utilities with an efficient, secure, two-way, open IP network architecture. The platform supports multiple communications technologies in parallel, including cellular, Wi-Fi, radio frequency and power line communications, and also provides serial and Ethernet connections. Ambient is headquartered in Newton, Massachusetts with a satellite office in Europe. Copyright RTT News/dpa-AFX [ Back To TMCnet.com's Homepage ] |