Announced
Synopsis
Ericsson, a Swedish multinational networking and telecommunications company, acquired the antenna and filters business of Kathrein, a world leading provider of antenna and filter technologies. Financial terms were not disclosed. Fredrik Jejdling, Executive Vice President and Head of Business Area Networks, Ericsson, said: “Strengthening our in-house antenna competence is another important step in our Networks portfolio strategy. The acquisition of Kathrein’s antenna and filters business will expand our capabilities and competences in the advanced active and passive antenna domain further. With the additional focus on the antenna and filter business led by Kathrein professionals, we will broaden our offering to further optimize site space, which is vital for the introduction of 5G.”
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