Read this: Ericcson Buys UK-Headquartered Red Bee Media
Summary: Swedens Ericsson is doubling down on its digital media business after it announced that it has agreed to buy UK-headquartered Red Bee Media for an undisclosed sum. Those additions will take Ericsson past 4,000 employees in the UK and, with one-third of its British workforce involved in media services, it says that the country will become its global media hub. Ericssons core business is enabling services for operators and, in bulking up on creative content and media, it is aiming to help its customers deliver more compelling services and products, particularly around video. - thenextweb.com
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