Ericsson and Cisco in network partnership, eye sales of $1 billion by 2018

Sweden's mobile equipment maker Ericsson and U.S. networking company Cisco Systems Inc said on Monday they had agreed a business and technology partnership expected to generate revenues of $1 billion for each company by 2018. Ericsson and Cisco said in a statement they would together offer routing, data center, networking, cloud, mobility, management and control, and global services capabilities. "The strategic partnership will be a key driver of growth and value for the next decade, with each c