Ericsson restructures Networks unit for virtualization push
Swedish vendor Ericsson has reorganized its networks division, splitting it into two new business units; Radio and Cloud & IP. The Cloud & IP unit will drive Ericsson’s work on virtualization, an area in which the firm has ground to make up on its competitors. Executive VPJohan Wibergh will continue to lead the Networks segment, although Ericsson has yet to name the heads of the two new business units.