12 May 2014 - 10:21am | posted by | 0 comments

Ericsson completes acquisition of Red Bee Media

Ericsson completes acquisition of Red Bee MediaEricsson completes acquisition of Red Bee Media

Ericsson has completed its acquisition of Red Bee Media, following the deal being cleared by the Competition Commission in March.

Ericsson has said that it looks forward to working with Red Bee Media's list of high-profile broadcast services customers, including the BBC, BSkyB, BT Sport, Canal Digital, Channel 4, EE, UKTV and Virgin Media.

Magnus Mandersson, executive vice president and head of business unit global services at Ericsson, said: "We're very happy to welcome our new employees to Ericsson and are confident they will help to take our broadcast services business to the next level and extend our global presence.

"We now have more than 5,000 employees in the UK and close to one-third of them work in broadcast services. As a result, the UK is now a major global media hub for Ericsson."

This will further strengthen Ericsson's broadcast services business, which was started in 2007 and expanded in 2012 with the acquisition of Technicolor's Broadcast Services Division.

Be the first to comment on this article: sign in or register.

Latest Projects from the Profile Hub

Solid-as-a-rock strategy for County Stone Granite

01/06/2015
County Stone Granite is an established family business with...

Avalon's Spirit Collection launch for Hailstones Glass Jewels

01/06/2015
How do you launch a new jewellery collection? Based on the...

New Client Announcement - Katy Perry Fragrances!

01/06/2015
We are thrilled to announce Katy Perry Fragrances as our...

Launching SPLYT with a Social & Media Splash

29/05/2015
Rooster cut through the crowded taxi and sharing economy...

A new collaboration for Zatchels

29/05/2015
What happens when one of the world’s most respected...