Aeris acquires IoT-A and Connected Vehicle Cloud units of Ericsson

Aeris acquires IoT-A and Connected Vehicle Cloud units of Ericsson

Aeris, a US-based Internet of Things (IoT) solutions provider, has wrapped up the previously announced acquisition of Ericsson’s IoT accelerator (IoT-A) and Connected Vehicle Cloud (CVC) businesses and associated assets. The financial terms of the December 2022 announced deal were not disclosed. Ericsson will take a minority stake in the enlarged Aeris. The Swedish telecommunications […]