Ericsson Completes Acquisition of BelAir Networks

Ericsson says that it has completed its previously announced acquisition of BelAir Networks, a North American Wi-Fi company.

The closing follows the announcement on February 21, 2012 that Ericsson had entered into an agreement to acquire 100 percent of the shares in BelAir Networks.

"We welcome BelAir Networks' 120 employees to Ericsson. Together we can deliver the industry's first integrated Wi-Fi cellular offering to Ericsson's global customer base in 180 countries, to enhance consumers' mobile broadband experience," said Johan Wibergh, Executive Vice President and head of business unit Networks, Ericsson.

The former BelAir Networks' staff will be integrated into the Ericsson group in business unit Networks over the coming months and will work under the Ericsson brand effective today.