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Ericsson to Acquire Apcera
- Client News
- September 19, 2014
Paul, Weiss client Ericsson Inc. announced that it has agreed to acquire Apcera Inc., a San Francisco-based enterprise services company and creator of the next-generation platform-as-a-service Continuum, which works across hybrid cloud and traditional environments. The acquisition is expected to close in the fourth quarter of 2014 and will strengthen Ericsson's position in the cloud market by extending its network approach to operator and enterprise cloud.
The Paul, Weiss team included corporate partners Jeffrey Marell and Marilyn Sobel and counsel Ji Lu; employee benefits partner Lawrence Witdorchic and counsel Reuven Falik; intellectual property counsel Menachem Kaplan; and tax partner Richard Bronstein.