Ericsson to acquire Kathrein’s antenna and filters business
· Ericsson increases investments in 5G antenna technology · Intends to acquire Kathrein’s antenna and filters division with around 4,000 skilled professionals to complement Ericsson’s in-house capabilities and competences · The transaction is expected to close in third quarter 2019 · Preliminary and unaudited revenues from the acquired part of Kathrein were approximately EUR 270 million in 2018, excluding sales to EricssonAs antenna technology is growing in importance, Ericsson (NASDAQ: ERIC) expands its Ericsson Radio System portfolio with new products and strengthens its antenna