Ericsson: No Mega-Acquisitions For Us

So will the Alcatel-Lucent marriage trigger other mega-deals? Maybe, but they won’t feature Ericsson after CEO Carl-Henric Svanberg downplayed the idea. “I am not particularly interested in bigger acquisitions,” Svanberg told reporters recently. When asked about whether Ericsson could be interested in Nortel, he said “it is not probable that we see ourselves doing that” – adding that smaller, strategic acquisitions are far more likely. Svanberg, who has orchestrated Ericsson’s return to health after it hit bottom following the end of the telecom boom, isn’t interested in Juniper Networks either. “We have not looked at Juniper. It’s not an acquisition candidate for us.”

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