Cisco and Ericsson to hold partnership may generate on each billion dollars in 2018




Swedish telecommunications equipment company said Ericsson US counterpart for network equipment Cisco they have agreed to the signing of a business partnership and technology is expected to generate revenue on each one billion US dollars by 2018.

The companies said in a statement they will provide together, guidance services, and data centers, networks, and the cloud, as well as portable devices services, and services and management control.

Ericsson said in a statement: “The strategic partnership will be a major engine of growth and value for the next decade, each company to benefit from additional revenue in calendar year 2016 is expected to reach revenues of $ billion or more each by 2018”.

Ericsson also said it will continue to explore more joint business opportunities with Cisco.

It is not the first company Ericsson held a partnership with Cisco during the last term, with Apple the end of August / August the company announced last announced a partnership with Cisco to improve the performance of smart organs, iPhone and iPad, on corporate networks, which produced the last.

During the events, “GITEX Technology Week 2015”, which was held in Dubai last month, Cisco announced a strategic partnership with all of the Gulf Business Machines “GBM” and Alpha Data and Intel.


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