The enterprise telecommunications joint venture formerly known as Edgecore Networks today officially launched in the United States under the new name, LG-Ericsson USA. The joint venture is made up of South Korean electronics maker LG, Swedish telecommunications company Ericsson, and Taiwanese networking solutions provider Accton Technology Corp.
The rebranding is a part of Ericsson's increased stake in its joint ventures with LG, after it bought Nortel's portion of LG-Nortel for $242 million in cash less than two months ago. Nortel agreed to sell its CDMA business to Ericsson the year before in a massive restructuring effort by the Canadian telecommunications company.
Edgecore, meanwhile, was first announced in January 2010 with the goal of offering voice and data solutions to all business sizes, while simultaneously extending the LG-Nortel brand into the United States. But now that the joint venture has changed, the switches, adapters, routers, modules, and other hardware sold have all been rebranded.
LG-Ericsson will sell IP PBX systems, digital, IP, WiFi, SIP, soft phones, and multimedia terminals, as well as managed and unmanaged switches.
Copyright Betanews, Inc. 2010United States - Business - Nortel - Ericsson - Telecommunication