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Ericsson and Nokia do media deals, but with different aims in mind

First quarter results from Nokia and Ericsson highlighted all kinds of contrasts between the old rivals (see separate item), and the media segment is a case in point. In a market which both companies saw as a source of juicy growth, Ericsson is now looking to exit, and is currently announcing deals which are clearly designed to inflate the price. Nokia  is also talking up new partnerships, including one with US over-the-top TV platform Kaltura,  but these efforts seem geared to building a media business organically as part of the FInnish firm’s moves into “strategic adjacencies”. Ericsson is planning to sell a variety of TV assets – Tandberg TV, Azuki, Mediaroom, Red Bee, Fabrix nPVR, Envivio encoding, Technicolor Broadcast –…

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