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Ericsson and Cisco partner to create the networks of the future
Ericsson (NASDAQ:ERIC) and Cisco (NASDAQ:CSCO) – two industry leaders in the development and delivery of networking, mobility, and cloud – recently announced a global business and technology partnership to create the networks of the future.
- This next-generation strategic partnership will drive growth, accelerate innovation, and speed the digital transformation demanded by customers across industries
- Industry-leading scale and services capability will deliver differentiated customer value for service providers, enterprises, and the Internet of Things ecosystem
- An incremental revenue opportunity of $1 billion or more is expected for each company by the calendar year 2018
Ericsson in strategic partnership with Cisco
The partnership between Ericsson and Cisco will combine the best of both companies: routing, data center, networking, cloud, mobility, management and control, and global services capabilities. Ericsson will, together with Cisco, a leader in IP-networking, offer end-to-end leadership across network architectures for 5G, cloud and IP, and the Internet of Things. In addition:
- This partnership is expected to generate USD 1 billion or more of additional sales by 2018
- Full-year effect from synergies of SEK 1 billion expected in 2018
- Accretive to operating income already in 2016
As a business, we built our reputation in telecommunications. But as our solutions become integrated and new technologies transfer across different platforms, we’re constantly migrating our expertise into new sectors.
Find out what we’re doing today.
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Ericsson provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, marital status, pregnancy, parental status, national origin, ethnic background, age, disability, political opinion, social status, veteran status, union membership or genetics.
Ericsson complies with applicable country, state and all local laws governing nondiscrimination in employment in every location across the world in which the company has facilities. In addition, Ericsson supports the UN Guiding Principles for Business and Human Rights and the United Nations Global Compact.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, training and development.
Ericsson expressly prohibits any form of workplace harassment based on race, color, religion, sex, sexual orientation, marital status, pregnancy, parental status, national origin, ethnic background, age, disability, political opinion, social status, veteran status, union membership or genetic information.
Ericsson is an equal opportunity employer and is committed to providing reasonable accommodation for qualified disabled individuals during the application and hiring process. Ericsson will make modifications or adjustments to the job application or interview process that will enable a qualified applicant to be considered for a position. If you require an accommodation due to a disability, please contact Ericsson at email@example.com or (866) 374-2272 (US) or (877) 338-9966 (Canada) for further assistance.
Labor condition application posting notices - United States
Pursuant to Department of Labor regulation 20 CFR 655.734, Ericsson Inc. is providing notice to potentially affected workers that H-1B workers are beeing sought at the worksites listed below. All labor condition applications are avaliable for public inspection at our administrative headquarters for immigration matters located at:
6300 Legacy Drive
Plano, Texas 75024
Complaints alleging misrepresentation of material facts in the labor condition application and/or failure to comply with the terms of the labor condition application may be filed with any office of the Wage and Hour Division of the United Stated Department of Labor.
Important notice: fraudulent job offers
It has come to our attention that emails and job adverts have been created and circulated by unknown individuals for the purpose of attempting to defraud candidates.
Potential candidates should be wary of approaches that appear to be offering a job for which they have not applied, especially if personal details or money must be sent in order to proceed with the recruitment. Neither Ericsson nor any commissioned third parties recruit in this manner. Such approaches are almost certainly fraudulent attempts to gain details of identity for illegal use.
Ericsson is taking all necessary steps to investigate this matter further.