United States and Sweden move against China. Not two countries by chance, given that they are those who have two giants at their disposal that can change the landscape of the 5G market. These are Intel and Ericsson, who are mirroring themselves to limit the strategic advantage accumulated by Chinese companies, in particular Huawei. And with the growing technological geopolitical tension, many countries and realities lean towards the transatlantic axis.
Intel: in talks to acquire GlobalFoundries for approximately $ 30 billion
Intel is in talks to buy GlobalFoundries for approximately $ 30 billion. According to the Wall Street Journal, Intel is aiming to turbo the plans to produce more chips for other technology companies and evaluate it as its largest acquisition ever. The agreement would value GlobalFoundries precisely about 30 billion, the sources explain. However, it is not excluded that GlobalFoundries will proceed with a planned IPO. GlobalFoundries is owned by Mubadala Investment Co., an investment arm of the Government of Abu Dhabi, but based in the United States.
$ 8.3 billion Ericsson-Verizon
Meanwhile, Ericsson has entered into a multi-year agreement with Verizon to deliver its 5G solutions and accelerate the roll-out of Verizon’s next-generation network in the United States. “This is a significant strategic partnership for both companies and what excites us most is bringing the benefits of 5G to US consumers, businesses and the public sector. We look forward to working with Verizon to exploit solutions such as Cloud Ran and our Street Macro, adding depth and versatility to the implementation of the 5G network in the United States “, says Niklas Heuveldop, President and Head of Ericsson North America. “With this new agreement, we will be able to continue to drive innovation and roll out 5G widely,” said Kyle Malady, Verizon’s Chief Technology Officer. “We are pleased – he concludes – to continue this work through a long-standing relationship with Ericsson”.