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Ericsson Changes Executive Team – Gilstrap Leaves

Ericsson this week announced that Douglas Gilstrap will resign from his role as Senior Vice President and Head of Group Function Strategy and leave Ericsson’s Executive Leadership Team. Gilstrap joined Ericsson in this role in 2009 and has been responsible for developing Ericsson’s business strategy and driving the company’s M&A activities during this time. 

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Ovum and Informa Merge Research Businesses

Telecoms.com (an Informa Telecoms & Media business) reports that research firms Ovum and Informa Telecoms and Media (ITM) are to merge under the Ovum brand. Not an M&A, strictly speaking, as the parent company Inform owns both the ITM and Ovum businesses already. More of a re-structure and re-brand.

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SevOne Acquires Log Analytics Provider RapidEngines

SevOne, provider of performance monitoring solutions to telco and enterprise has acquired RapidEngines, a leading provider of highly scalable log analytics software for IT enterprises, service providers and application developers. The acquisition is the first from SevOne since closing the $150M investment from Bain Capital. 

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EXFO Acquires ByteSphere Assets

EXFO extends its service assurance offering for mobile and fixed networks with acquisition of ByteSphere’s technologies, a privately held software company in the Boston area that specializes in global IT management and network monitoring solutions. 

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