Ericsson Adds Service Assurance Smarts With CENX Buy

CENX's cloud-native service assurance and automation capability add to Ericsson's capabilities in OSS and managed services.

September 4, 2018

1 Min Read

Ericsson has agreed to acquire 100 percent of the shares in CENX, boosting Ericsson’s Operations Support Systems (OSS) portfolio with vendor-agnostic service assurance and closed-loop automation capability. Ericsson has held a minority stake in CENX since 2012.

Ericsson has a market leading position in NFV and orchestration. This capability will be further enhanced with CENX’s closed-loop automation and service assurance capabilities. To unleash the potential of 5G, telecom operators need to leverage network virtualization and orchestrate and automate network slices to serve the needs of enterprise customers towards their digital transformation – all while reducing operational costs.

Closed-loop automation ensures Ericsson can offer its service provider customers an orchestration solution that is optimized for 5G use cases like network slicing, taking full advantage of Ericsson’s distributed cloud offering. Ericsson’s global sales and delivery presence - along with its strong R&D - will also create economies of scale in the CENX portfolio and help Ericsson to offer in-house solutions for OSS automation and assurance.

CENX, founded in 2009, is headquartered in Jersey City, New Jersey. The company achieved significant year-over-year revenue growth in the fiscal year that ended December 31, 2017. CENX employs 185 people.

CENX Inc.
Ericsson AB (Nasdaq: ERIC)

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