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Ericsson quits IoT – agrees sale of loss-making IoT Accelerator business to Aeris

Ericsson has agreed to sell its IoT business, including its IoT Accelerator connectivity management platform and Connected Vehicle Cloud platform, to California-based IoT provider Aeris. The Swedish firm said its IoT business, expected to post net sales of SEK 0.8 billion ($76.85 million) in...

Sprint and Ericsson to build IoT core network and operating system

US carrier Sprint will build a core network and operating system for ‘internet of things’ (IoT) connectivity and applications. Ericsson has been appointed to deliver the solution. Sprint said the distributed and virtualised core network, allied with a dedicated IoT operating system for managing devices...