Ericsson CEO: Possible bigger acquisitions in the future

Source: Internet
Author: User
C114 Beijing Time June 16 Noon News (Zhang Yuehong) after Ericsson announced plans to buy BSS suppliers at $1.15 billion trillion in Tuesday, chief executive Vestberg (Hans Vestberg) said it would not rule out any more big acquisitions in the future. In an interview in Tuesday, a reporter asked whether the acquisition of Telcordia is Ericsson's largest acquisition, Vestberg said: "If you ask me is not except for the northern electric assets of the acquisition, then the answer is yes, but the industry changes are unexpected." "There is no deal to be seen as a big takeover now," Vestberg said.  In a rapidly changing industry today, Ericsson must be wary of the next big opportunity, and Ericsson's takeover strategy is to help companies consolidate their markets, fill gaps in their product lines, or bring new growth markets to Ericsson.  Vestberg at the media and analyst conference in Tuesday, OSS and BSS are the growth markets that Ericsson sees, and the annual composite growth rate of OSS and BSS is expected to increase from 6% to 8% over the next three years. Vestberg added that even with such a big takeover of Nortel and Telcordia, Ericsson's contribution to growth still accounted for a very small proportion of growth, with the main reliance on the underlying products. "The first thing we think about is how to get the underlying product to bring US business growth," he said. ”

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