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The Redback Ruckus
With all the news covering the latest acquisition of Redback Networks and the impact that has on the industry, I only thought it right that we call out some of the good reads regarding the future of the combined companies.
IPTV Drives Ericsson to Redback
- Light Reading
"The main driver for Ericsson's move appears to be the anticipated impact that video traffic will have on carrier networks."
Ericsson paying steep price for Redback: analysts
- Reuters
"Ericsson AB's $2.1 billion acquisition of data network equipment vendor Redback Networks is a costly one but analysts said on Wednesday it was strategically sound and should bolster the Swedish player's product offering."
Fallout From the Redback Deal: Juniper, Cisco, Tellabs
- Yahoo Finance
"So far, the Street seems pleased with the offer, bidding up the prices of both the seller and the buyer. Other telecom equipment stocks are sagging, apparently on concern on the creation of a stronger competitor."
Posted on Dec 21, 2006
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