Ericsson-backed Cradlepoint completed the acquisition of Ericom Software.

Ericsson-backed Cradlepoint, a telecommunications equipment company, completed the acquisition of Ericom Software, a web isolation services provider. Financial terms were not disclosed. "The combination of Cradlepoint’s expertise in enterprise networking and Ericom’s innovative SSE and zero trust security solutions will create a powerful capability to meet the increasing demand for cloud-based secure network solutions. The acquisition enhances our ability to meet the cybersecurity needs of global enterprises as they accelerate their rapid adoption of 5G technologies. We look forward to this exciting new chapter and its opportunities," David Canellos, Ericom CEO.