Aeris’s acquisition of Ericsson’s IoT unit is ambitious in scale and making it profitable will be difficult
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Ericsson announced the sale of its IoT Accelerator and Connected Vehicle Cloud businesses to Aeris, a USA-based connectivity provider, on 7 December 2022. Ibraheem Kasujee (Analyst) and Tom Rebbeck (Partner) discuss Aeris's bold move, and the challenge that it will face to turn the business into a profitable one. View Analysys Mason's two related articles: article 1 | article 2.