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Sweden : ERICSSON completes the acquisition of AMBIENT CORPORATION [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) The acquisition of Ambient Corporation, a smart grid communications technology company, has been concluded by Ericsson. Ambient provides communications technology platform to use to install and integrate multiple smart grid applications and technologies, in parallel on a single communications infrastructure. Moreover, it also delivers product and software maintenance and implementation services and smart grid consulting services related to product development, network management, and smart grid architecture and deployment. Magnus Mandersson, Executive Vice President and Head of Business Unit Global Services at Ericsson, commented "At Ericsson we are increasingly using our experience in communications and providing managed services for networks that serve more than 1 billion subscribers worldwide to assist partners and customers in the utilities sector. We're helping utilities to adopt new types of applications and enable new business models, and I believe Ambient could make a big contribution to that effort." The Ambient smart grid communications platform provides secure, two-way, open IP network architecture supporting multiple communications technologies. It also delivers cellular, Wi-Fi, radio frequency (RF) and power line communications (PLC) as well as serial and Ethernet connections. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). [ Back To TMCnet.com's Homepage ] |