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Ericsson in strategic partnership with Cisco
Ericsson has entered into a strategic partnership with Cisco aiming to create the networks of the future.
The partnership will combine expertises from both companies: routing, data center, networking, cloud, mobility, management and control, and global services capabilities. Ericsson will together with Cisco offer end-to-end leadership across network architectures for 5G, cloud and IP, and the Internet of Things.
The announcement is supported by multiple agreements including a global service partner agreement, as well as a reseller agreement. The parties have also agreed to discuss FRAND policies and enter a licensing agreement for their respective patent portfolios.
Hans Vestberg, President and CEO, Ericsson, says: "This partnership fortifies the IP strategy we have developed over the past several years and it is a key step forward in our company transformation."