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Ericsson Announces $1.1 Billion Acquisition of Cradlepoint

September 23, 2020

San Francisco – Paul Hastings LLP, a leading global law firm, announced that it advised telecom equipment company Ericsson AB on the acquisition of Cradlepoint, a wireless networking company, for $1.1 billion.

Cradlepoint will become a fully owned subsidiary of Ericsson while continuing to operate under its existing brand. The Boise, Idaho-based company is a leading provider of wireless networking services and products.

The Paul Hastings multi-practice advisory team was led by Steve Camahort (M&A), Ziemowit Smulkowski (Tax), Michael Wise (Antitrust), Dan Stellenberg (Employment/Benefits/Compensation), Jane Song (IP), Sherrese Smith (Cybersecurity/Data Privacy), Scott Flicker (Global Trade), and Jennifer Riddle (Anti-bribery/Anti-corruption).

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.