Ericsson, Cisco Pool Telecom, Internet Savvy in Wide-Reaching Alliance – Wall Street Journal

STOCKHOLM—Ericsson AB and Cisco Systems Inc., two of the world’s biggest telecom-equipment providers, have clinched a broad technology and commercial partnership that stops short of a full-blown merger but covers cooperation from research and development to customer service.

The two companies said Monday they would team up across the board, including jointly working on a wide range of products used in wireless networks and Internet infrastructure as they face heightened competition from the €15.6 billion takeover of…

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