Ericsson (NASDAQ:ERIC), which has held a minority stake in Cenx since 2012, says Cenx’s cloud-native service assurance and automation capability strengthens its position as a “leading player in the OSS and Managed Services markets”.
CENX was founded in 2009 and is headquartered in Jersey City, New Jersey.
“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,” Ericsson said in a statement announcing the acquisition.
Mats Karlsson, head of Solution Area OSS, Ericsson, says: "Dynamic orchestration is crucial in 5G-ready virtualised networks. By bringing Cenx into Ericsson, we can continue to build upon the strong competitive advantage we have started as partners. I look forward to meeting and welcoming our new colleagues into Ericsson.”
Karlsson said closed-loop automation ensured Ericsson could offer its service provider customers an orchestration solution that is optimised for 5G use cases like network slicing, taking full advantage of Ericsson’s distributed cloud offering.
Ericsson says global sales and delivery presence — along with its strong R&D — will also create economies of scale in the Cenx portfolio and help the company to offer in-house solutions for OSS automation and assurance.
Cenx chief executive Ed Kennedy says: “Ericsson has been a great partner, and for us to take the step to fully join Ericsson gives us the best possible worldwide platform to realise Cenx’s ultimate goal – autonomous networking for all. Our closed-loop service assurance automation capability complements Ericsson’s existing portfolio very well. We look forward to seeing our joint capability add great value to the transformation of both Ericsson and its customers.”