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NEWS

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.

Practice Areas

Employment Law

Antitrust and Competition

Mergers and Acquisitions

Tax

Data Privacy and Cybersecurity

Global Trade Controls

Anti-Corruption and FCPA


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