Cisco, Ericsson team up as industry consolidates

As Nokia closes its acquisition of Alcatel-Lucent, Ericsson and Cisco this week announced a tight partnership to jointly address enterprise, service provider and Internet of Things opportunities.
The companies outlined a broad, multi-faceted relationship that’s been 13 months in the making – perhaps around the time both companies caught wind of Nokia’s plans to acquire Alcatel-Lucent, two companies Ericsson and Cisco compete directly against. The deal comes as other mega-merge