Ericsson acquires majority stake in enterprise IT cloud company Apcera
(Thomson Reuters ONE) -
* Adds next-generation platform as-a-service (PaaS) technology to Ericsson
Cloud System. Ericsson sees PaaS as key to success in cloud
* Provides governance and automation of operator and enterprise IT operations
* Apcera will operate as a standalone company and Ericsson commits significant
funding for Apcera's technology and global expansion of its enterprise
sales channel
* Strengthens Ericsson's position in the cloud market by extending the
company's network approach into operator and enterprise cloud
Ericsson (NASDAQ:ERIC) today announced it has agreed to acquire a majority stake
in Apcera, a U.S.-based enterprise services company and creator of the next-
generation platform as-a-service (PaaS) called Continuum(TM) which works across
cloud, on premise and hybrid environments. In addition, Ericsson commits to
significant funding toward development of next-generation technology as well as
sales channel and ecosystem creation.
Cloud technology is disrupting the global ICT infrastructure market, and service
providers must modernize to provide more value to their customers. With the
addition of Apcera's PaaS technology to Ericsson's Cloud offerings, Ericsson
will deliver complete cloud automation to run all workloads and use cases, while
providing complete control for infrastructure.
Ericsson is the leader in policy-based automation and governance of telecom
networks. The acquisition shows the company's ambition in extending that same
approach into operator and enterprise clouds. Cloud is one of the strategic
areas Ericsson is targeting for growth, and establishing leadership in PaaS is a
key to its success.
Jason Hoffman, Vice President and Head of Product Line Cloud Software, Ericsson
says: "The beauty of the cloud is that it is much more efficient to develop,
roll-out and operate applications. To realize the full potential, cloud
environments need security and governance, which our partnership with Guardtime
and our acquisition of a majority stake in Apcera provides. With these
technologies in place, enterprises and individuals can trust the integrity and
the confidentiality of their infrastructure."
Derek Collison, founder and Chief Executive Officer of Apcera says: "We welcome
Ericsson's backing. With a history of transforming the world's most demanding
businesses and the global ability to deploy and scale critical infrastructure,
Ericsson will enable us to accelerate our innovation of Continuum and provide
enterprises the next-generation platform that enables them to achieve a
significantly faster time-to-market as they deploy, orchestrate and govern a
diverse set of workloads, both on premise and in the cloud."
Apcera was founded in 2012 and is based in San Francisco, California, in the
United States. Apcera is the creator and provider of Continuum(TM), an IT
platform-as-a-service that enables enterprises to securely and transparently
control the allocation and consumption of IT resources on premise and in the
cloud.
The acquisition is expected to close during Q4 2014, subject to customary
closing conditions. Apcera will operate as a standalone company after the
closing and will be consolidated financially under Segment Networks.
NOTES TO EDITORS
TELEBRIEFING FOR ANALYSTS AND MEDIA - SEPTEMBER 24
You are welcome to join a telebriefing audio conference for industry analysts
and media on this subject.
Wednesday, Sept 24, 2014
5pm CET (4pm UK time, 8am Pacific Daylight Time and 11am Eastern Daylight Time
in the US).
Jason Hoffman and Apcera CEO Derek Collison will comment on the announcement and
take questions. Please download the slides, available here one hour prior to the
telebriefing: http://www.ericsson.com/thecompany/industry-analysts
* Sweden: +46 8 50 520 271 (Sweden free phone: 0200-125 785)
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* Confirmation number: 7101 6018#
Please call in at least 15 minutes before the conference call begins.
Download high-resolution photos and broadcast-quality video at
www.ericsson.com/press
Media Kit: Ericsson Cloud Evolution
Ericsson and Guardtime create secure cloud and big data
Video: Ericsson Cloud System
White Paper: The real-time cloud - combining cloud and service provider SDN
Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and society to
fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband
and the cloud - are enabling the telecom industry and other sectors to do better
business, increase efficiency, improve the user experience and capture new
opportunities.
With more than 110,000 professionals and customers in 180 countries, we combine
global scale with technology and services leadership. We support networks that
connect more than 2.5 billion subscribers. Forty percent of the world's mobile
traffic is carried over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.
www.ericsson.com
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations(at)ericsson.com
Ericsson acquires majority stake in enterprise IT cloud company Apcera:
http://hugin.info/1061/R/1857436/650342.pdf
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[HUG#1857436]
Unternehmensinformation / Kurzprofil:
Datum: 22.09.2014 - 15:00 Uhr
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News-ID 341882
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