& cplSiteName &

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        ADD A COMMENT
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
From The Founder
Light Reading sits down at CES with the head of Cisco's service provider video business, Conrad Clemson, to discuss how NFV and cloud security relate to video, the challenge of managing 4K/8K traffic, the global expansion of Netflix and virtual reality.
Flash Poll
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
LRTV Huawei Video Resource Center
TeliaSonera: Striving for Independence

2|12|16   |     |   (0) comments


Peter Lagergren discusses the importance of decoupling the network from services.
LRTV Huawei Video Resource Center
Ken Wang on U-vMOS

2|12|16   |     |   (0) comments


Ken Wang discusses how video will take of the traffic on carrier networks and become a basic service to provide to end users.
LRTV Documentaries
All Change in Video

2|11|16   |   33:12   |   (1) comment


At this moderated panel at 2020 Vision in Dublin, Alan Breznick, Cable/Video Practice Leader of Light Reading, sits down with Jeff Finkelstein, director of network architecture at Cox Communications, to discuss the rapidly changing video market.
LRTV Custom TV
Hosting in Ireland, Past & Present

2|10|16   |   16:07   |   (0) comments


Garry Connolly, president of Host in Ireland, presents the keynote at Light Reading's 2020 Vision Executive Summit in Dublin.
Women in Comms Introduction Videos
What's Hot in Mobile Commerce?

2|10|16   |   12:18   |   (1) comment


Claire Maslen, financial services relationship manager at the GSMA, talks about the development of the digital commerce sector and the types of relationships that mobile operators are developing to further their m-commerce strategies.
LRTV Documentaries
EANTC Tests Nokia IP Routing & Mobile Gateway VNFs for Real World Deployment

2|9|16   |   5:08   |   (1) comment


Nokia obtained validation of its virtualized router and virtualized mobile gateway capabilities through rigorous testing performed by EANTC. The results set a new industry benchmark for outstanding performance, scalability, resiliency and manageability. Nokia VNFs are ready for telco cloud deployment, so that service providers can accelerate mobile, business and ...
Between the CEOs
CEO Chat With Level 3's Jack Waters

2|8|16   |   26:15   |   (1) comment


Light Reading CEO and founder Steve Saunders sits down with Level 3 Communications' CTO Jack Waters to discuss hot topics like virtualization, 4K and the future of telecom...
LRTV Custom TV
The Composable Telco

2|8|16   |   24:46   |   (0) comments


Heavy Reading's Principal Analyst Caroline Chappell presents the keynote at Light Reading's 2020 Vision Executive Summit in Dublin.
LRTV Custom TV
Join Us at the Digital Operations Transformation Summit

2|4|16   |   03:52   |   (0) comments


The Digital Operations Transformation Summit on February 21, 2016 at the Crowne Plaza Barcelona Fira Centre will bring together 50 senior executives to engage in a unique debate on the opportunities and challenges presented by the transformative evolving digital landscape. RSVP now at events@lightreading.com.
LRTV Custom TV
Making the Test: ADVA Ensemble Connector vs. Open vSwitch

2|4|16   |   01:28   |   (0) comments


Light Reading, in partnership with EANTC, recently tested ADVA's Ensemble Connector, which replaces open vSwitch and offers carrier-grade capability and interoperability. The test results strengthen ADVA's credibility as a provider in the virtualization space.
LRTV Custom TV
Bridging the Gap Between PoCs & Deployment in NFV

2|4|16   |   31:50   |   (0) comments


Charlie Ashton of Wind River presents the keynote at Light Reading's 2020 Vision executive summit in Dublin.
Between the CEOs
CEO Chat With Mike Aquino

2|3|16   |   17:34   |   (0) comments


The former CEO of Overture Networks, Mike Aquino, discusses why truly open virtualization solutions provide service providers with the greatest choice.
Upcoming Live Events
March 10, 2016, The Cable Center, Denver, CO
April 5, 2016, The Ritz Carlton, Charlotte, NC
May 23, 2016, Austin, TX
May 24-25, 2016, Austin Convention Center, Austin, TX
All Upcoming Live Events
Hot Topics
Yahoo & Verizon Sitting in a Tree...
Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 2/8/2016
Vodafone: Flexible Work Policies Boost Profits
Sarah Thomas, Editorial Operations Director, 2/8/2016
AT&T Lights Fire Under 5G, Plans 2016 Trials
Iain Morris, News Editor, 2/12/2016
Andreessen Facepalms on Facebook Free Basics
Mitch Wagner, West Coast Bureau Chief, Light Reading, 2/10/2016
It's Time to Integrate OTT Video
Alan Breznick, Cable/Video Practice Leader, 2/8/2016
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Light Reading CEO and founder Steve Saunders sits down with Level 3 Communications' CTO Jack Waters to discuss hot topics like virtualization, 4K and the future of telecom...
The former CEO of Overture Networks, Mike Aquino, discusses why truly open virtualization solutions provide service providers with the greatest choice.
Live Digital Audio

Broadband speeds are ramping up across Europe as the continent, at its own pace, follows North America towards a gigabit society. But there are many steps to take on the road to gigabit broadband availability and a number of technology options that can meet the various requirements of Europe’s high-speed fixed broadband network operators. During this radio show we will look at some of the catalysts for broadband network investments and examine the menu of technology options on offer, including vectoring and G.fast for copper plant evolution and the various deployment possibilities for FTTH/B.