Ericsson has agreed to sell its IoT Accelerator and Connected Vehicle Cloud businesses and related assets to California-based IoT solutions provider Aeris Communications, with Ericsson’s IoT employees set to become part of Aeris at the closing of the transaction, which is expected in Q1 2023. Ericsson IoT Accelerator is used by over 9,000 enterprises to manage more than 95 million connected devices with 22 million eSIM connections globally. These enterprises and connections leverage Ericsson’s growing ecosystem of over 35 communications service provider partners for global IoT cellular connectivity. The Connected Vehicle Cloud platform is used by major automotive IoT players to connect more than six million vehicles across 180 countries. Aeris’ Intelligent IoT Network, targeting industry verticals such as transportation, energy, automotive and healthcare, gives communications service providers the opportunity to monetize new services on top of connectivity enabled by the IoT Accelerator. The company has already teamed up with several leading communication service providers including Softbank, AT&T, T-Mobile and Vodafone, and is also working with leading automotive original equipment manufacturers. Together, Aeris’ and Ericsson’s IoT platforms will connect over 100 million IoT devices worldwide, covering 190 countries. A press release adds that: ‘Through the transaction, Aeris will become a market leader in IoT, generate strong market synergies, and further simplify IoT for 9,400 enterprises by providing them with a global, feature rich platform with secure, reliable, and intelligent IoT solutions.’ Ericsson’s IoT business, with 2022 full-year forecasted net sales of SEK800 million (USD77 million), has been the main factor in recent losses reported by the Swedish group’s ‘Business Area Technologies and New Businesses’ in the Enterprise segment, with the transaction expected to eliminate quarterly losses of SEK250 million.
Vodafone Italy announced that its Vodafone Business division has partnered Edison Next in launching a platform designed to assist companies and public sector agencies in accelerating digital and energy transformation. The ‘Vodafone Business Energy Data Management’ platform enables organisations to monitor, control and improve the efficiency of heating, air conditioning and ventilation flows in buildings, supporting the management and optimisation of energy consumption.
Telefonica Argentina (Movistar) has launched a 5G/IoT Laboratory via the group’s investment/open innovation arm, Wayra. Tech entrepreneurs can use the facility’s high-speed, low-latency connectivity and equipment to enable them to register, develop and test their products before release on the market. Agustin Rotondo, CEO of Wayra Hispam, commented on the Lab launch: ‘We want it to be an open space and we want to bring together entrepreneurs, the educational community, academia and companies so that this is a test place where they can launch products and think about the future.’
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