Cisco and Ericsson are teaming up to "create networks of the future".
The new relationship will aim to offer end-to-end portfolios of products, joint innovation, and the combined scale that the two can bring to the table.
Supporting the broad umbrella announcement will be multiple agreements on patent sharing/licensing, R&D, standards development, a reseller agreement, and collaboration in emerging market segments.
The announcement is quite a read, although it doesn't say all that much other than that the two will be working together in what they hope will be a complementary and profitable way.
That's to be expected with a high level agreement but the thing to watch is exactly how the two companies' approach to the market shifts as a result. That will play out over the next few years.
Cisco and Ericsson see an incremental revenue opportunity of $1 billion or more for each company by 2018 across the worlds of 5G, cloud, IP, and the IoT.
This article was authored by Rob Powell and was originally posted on Telecomramblings.com
Source: http://www.telecomasia.net/content/cisco-and-ericsson-partner