® Swedish mobile equipment manufacturer Ericsson and American networking giant Cisco , have announced a business and technology partnership which will allow the two firms to work collaboratively on cloud , 5 G , IP and the Internet of Things . Financial details of the multiple agreements signed by the two parties were not disclosed , however , the alliance will mean they will be working together on routing , data centre services , networking and mobility . The move is likely to help them compete with rivals and could generate additional revenues of over $ 5000 for each company by 2018 .
Swedish mobile equipment manufacturer Ericsson and American networking giant Cisco , have announced a business and technology partnership which will allow the two firms to work collaboratively on cloud , 5 G , IP and the Internet of Things . Financial details of the multiple agreements signed by the two parties were not disclosed , however , the alliance will mean they will be working together on routing , data centre services , networking and mobility . The move is likely to help them compete with rivals and could generate additional revenues of over $ 5000 for each company by 2018 .