Ericsson concludes strategic review of Media Solutions and Red Bee Media
· One Equity Partners new majority owner in Media Solutions, Ericsson will retain 49% of the shares · Media Solutions assets and staff to transfer to independent company upon closing, expected Q3 2018 · Continued in-house development of Red Bee Media (former Broadcast and Media services) · Performance improvement programs showing significant progress in both Media Solutions and Red Bee MediaEricsson (NASDAQ:ERIC) has concluded the review of strategic opportunities for its Media business – Media Solutions and Red Bee Media – which was initiated in conjunction with the announcement