Light Reading

Ericsson's M&A Leader Resigns

Dan O'Shea
4/14/2014
50%
50%

Ericsson acknowledged Monday that Douglas Gilstrap, who has been senior vice president and head of Group Function Strategy for the last five years, and a key player in Ericsson's M&A activities, is resigning. He'll be leaving the company in August, but Ericsson's interest in M&A likely will remain.

Ericsson AB (Nasdaq: ERIC) CEO Hans Vestberg said in a statement that Gilstrap played a leading role in all M&A activities during his time with the company. After bingeing on buyouts of Telcordia, Conceptwave, Tandberg TV, Nortel assets and others, Ericsson grew quieter on the M&A front in the last two years -- though it did buy Microsoft's IPTV assets last year (See Ericsson Buys Microsoft's IPTV Unit.)

Now, with an active search for Gilstrap's replacement already in motion, Ericsson might be looking for a strategist and M&A driver to hunt down possible acquisitions and other endeavors in the SDN space to complement the OSS assets and expertise it gained with the Telcordia buy. (See What's Ericsson's Next M&A Move? and Ericsson Closes Telcordia Acquisition.)

— Dan O'Shea, Managing Editor, Light Reading


Want to learn more about SDN and the transport network? Check out the agenda for Light Reading's Big Telecom Event (BTE), which will take place on June 17 and 18 at the Sheraton Chicago Hotel and Towers. The event combines the educational power of interactive conference sessions devised and hosted by Heavy Reading's experienced industry analysts with multi-vendor interoperability and proof-of-concept networking and application showcases. For more on the event, the topics, and the stellar service provider speaker lineup, see Telecommunication Luminaries to Discuss the Hottest Industry Trends at Light Reading's Big Telecom Event in June.


(6)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/17/2014 | 1:41:36 PM
Re: Vestberg likes R&D
DOShea - "No clear indication, though when somebody's pushed out, he doesn't usually stick around for another four months."

True. And that kind of lead time suggests that he's retiring, or changing careers. 
DOShea
50%
50%
DOShea,
User Rank: Blogger
4/16/2014 | 9:48:23 PM
Re: Vestberg likes R&D
No clear indication, though when somebody's pushed out, he doesn't usually stick around for another four months.

 
ramesh kumar
50%
50%
ramesh kumar,
User Rank: Light Beer
4/15/2014 | 7:03:17 AM
Ericsson's M&A Leader Resigns
Inaction in M&A space of telecom OEM space maybe got better. Its something when the whole telecom space is supposed to remain flat and expected spending from CSP's in slowdown phase because of various macro economic condition in major market Europe, Asia, etc.
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
4/14/2014 | 5:19:11 PM
Re: Vestberg likes R&D
Any indication why he left? Did he jump, or was he pushed? No activity over the last two years, combined with a CEO who prefers to spend on R&D, suggests that he wanted to go somewhere he could be more active. 
DOShea
50%
50%
DOShea,
User Rank: Blogger
4/14/2014 | 4:33:43 PM
Vestberg likes R&D
A lot also has been reported about Vestberg's preference for spending money on R&D over M&A--unless buying can provide an advantage, timing or otherwise, vs. developing in-house.
DOShea
50%
50%
DOShea,
User Rank: Blogger
4/14/2014 | 4:26:47 PM
Company statement
By the way, here is the link to Ericsson's press release in our news wire feed: http://www.lightreading.com/mobile/4g-lte/ericsson-strategy-head-gilstrap-heading-out/d/d-id/708652
Flash Poll
From The Founder
The New IP is actually bigger even than business. Like another hugely important tech that Light Reading is digging into right now, the New IP has the potential to change the world by fundamentally advancing what it is possible for people to achieve with communications.
LRTV Documentaries
The Three Cs of MWC15

3|2|15   |   2:33   |   (0) comments


My visit to this year's Mobile World Congress is going to dominated by three Cs – cloud, cells and coffee.
LRTV Huawei Video Resource Center
Huawei Shares Its Vision of the Future of Mobile Networks Innovations

2|26|15   |   2:30   |   (0) comments


Mobile broadband is changing our lives. It's reshaping the Internet, industry, and society. It allows us to freely connect with one another anytime, anywhere. At this year's Mobile World Congress, Huawei will share its latest insights and newest ideas and technologies that will shape the future of MBB. They will showcase their end-to-end MBB solutions that will ...
LRTV Huawei Video Resource Center
Accelerate Digitizing, Boost Digital Business

2|26|15   |   6:14   |   (0) comments


A new digital revolution is leading us to a better connected world. Together with millions of digital partners, Huawei will help CSPs to build their digital service ecosystem and aggregate a wide variety of digital services. In this video, we find out how Huawei is going to help CSPs implement digital operations.
LRTV Huawei Video Resource Center
The Secret Recipe to Enabling Hyper-Growth Industries

2|26|15   |   3:38   |   (0) comments


With a number of successful cases on network capability exposure, Huawei is going to share the secret recipe to enabling hyper-growth markets with a step-by-step approach.
LRTV Documentaries
BTE 2015 Is Bigger & Even Better

2|25|15   |   03:13   |   (4) comments


This year's Big Telecom Event (BTE) in Chicago is going to provide more opportunities than ever for networking, getting to grips with key industry challenges and opportunities and, equally as important, having some fun.
LRTV Interviews
Light Reading ICT Leaders Roundtable at MWC 2015

2|12|15   |   1:07   |   (2) comments


On Sunday March 1, 2015, Light Reading will host an ICT Leaders Roundtable in partnership with Huawei. At this half-day event, CIOs, analysts and researchers will discuss key industry trends like virtualization in the cloud with a specific focus on new business models. Located at the luxurious Renaissance Hotel near the Fira Barcelona, space is limited so please ...
LRTV Documentaries
Going Green in 2015

2|12|15   |   02:04   |   (0) comments


Energy efficiency is set to be an incredibly hot topic in the telecom industry this year.
LRTV Custom TV
SDN & NFV: Where Are We Going From Here?

2|11|15   |   11:27   |   (0) comments


Vitesse Semiconductor CTO Martin Nuss gives his perspective on why SDN and NFV should be tightly interconnected and how he sees the industry moving forward.
LRTV Documentaries
Time for Gigabit Europe?

2|9|15   |   01:27   |   (4) comments


Gigabit broadband networks are springing up all around the US and they'll soon become more commonplace in Europe.
LRTV Interviews
Brocade Brings New IP Vision to 2020 Vision Executive Summit

2|3|15   |   4:23   |   (0) comments


In December 2014, Light Reading gathered telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Brocade's Kelly Herrell shared his company's strategy at ...
LRTV Interviews
Brocade's Kelly Herrell on the New IP

2|2|15   |   12:36   |   (0) comments


In December 2014, Steve Saunders sat down with Brocade VP of Software Networking Kelly Herrell at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Brocade's approach to the New IP, the future of the telecom industry, and more.
LRTV Huawei Video Resource Center
Dr. Dong Sun Talks About Carriers' Digital Transformation & Huawei’s Telco OS

1|29|15   |   6:28   |   (0) comments


Dr. Dong Sun, Chief Architect of Digital Transformation Solutions at Huawei, discusses how telecom operators can become digital ecosystem enablers and deliver optimal user experiences that are in real-time, on-demand, all-online, DIY and social (ROADS).
Upcoming Live Events
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
All Upcoming Live Events
Infographics
Net neutrality, broadband services and the current outlook on data consumption, as presented by the New Jersey Institute of Technology.
Hot Topics
10 Weirdly Useful IoT Devices
Eryn Leavens, Copy Desk Editor, 2/24/2015
Small Cells Enabling Location Services
Sarah Thomas, Editorial Operations Director, 2/25/2015
Verizon Takes Radio Dot to Detroit, VoLTE Overseas
Sarah Thomas, Editorial Operations Director, 2/27/2015
FCC Adopts Title II Rules
Alan Breznick, Cable/Video Practice Leader, 2/26/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Check out Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he had to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.
G'day! And welcome to an entirely new feature on Light Reading -- our weekly "CEO-to-CEO" interview.