Ericsson boosts network automation capability with CENX acquisition

STOCKHOLM – Ericsson is acquiring 100% of the shares in U.S.-based service assurance technology company CENX, boosting Ericsson’s Operations Support Systems (OSS) portfolio with vendor-agnostic service assurance and closed-loop automation capability.Financial terms of the deal were not disclosed, though Ericsson has held a minority stake in CENX since 2012. CENX is headquartered in Jersey City, NJ and employs approximately 185 people, all of whom will join Ericsson.Ericsson said that CENX’s cloud-native service assurance and automation capability strengthens its position in the OSS and Managed Services markets."Dynamic orchestration is crucial in 5G-ready virtualized networks”, said Ericsson’s head of solution area OSS...