Ericsson has completed the asset of acquiring Telenor Connexion's M2M (machine-to-machine) technology platform; The acquisition follows Ericsson's ambition to drive the market for M2M communication.
M2M service including the Device Connection Platform and offering telecom operators a way to set up tailored M2M services for enterprise customers and is brought to market as a service providing a low initial investment in technology and a fast time to market.
Mobile connectivity is used in several M2M solutions such as smart meters and fleet management and is useful in all products with software, which can be easily upgraded when they were connected to a mobile network.
The acquisition includes Telenor Connexion's M2M technology platform and transfer of ten employees who will continue to work with development of the service offering provided on Ericsson's Device Connection Platform. Telenor Connexion also becomes the first customer to Ericsson on the platform.
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