Aeris’s acquisition of Ericsson’s IoT unit is ambitious in scale and making it profitable will be difficult
Ericsson announced the sale of its IoT Accelerator and Connected Vehicle Cloud businesses to Aeris, a USA-based connectivity provider, on 7 December 2022. Ibraheem Kasujee (Analyst) and Tom Rebbeck (Partner) discuss Aeris's bold move, and the challenge that it will face to turn the business into a profitable one. View Analysys Mason's two related articles: article 1 | article 2.