Red Bee Media

Ericsson completes Red Bee acquisition

Swedish network equipment provider Ericsson has completed its acquisition of UK media services provider Red Bee Media, following approval of the deal from the UK Competition Commission on March 27th this year. The deal sees 1,500 Red Bee staff absorbed by Ericsson and the UK established as a “major global media hub” for Ericsson, the company said.

Ericsson expands broadcast ops with Red Bee purchase

Swedish vendor Ericsson on Monday announced its intention to acquire UK media services company Red Bee Media for an undisclosed sum, from a vehicle controlled by Macquarie Advanced Investment Partners.


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