Ericsson Buys Redback Networks

Ericsson is looking to compete more effectively against Alcatel Lucent by purchasing Redback Networks is an up and coming edge router player. The rapid growth in the M&A market is unprecedented these days and it seems the insatiable appetite to build larger and larger companies will never stop.
Although Redback is publicly traded and could have remained a public company, many private companies need to be acquired to bring liquidity back to their investors.
The IPO market is getting a bit better but until Sox regulations get less onerous, it may be a while before smaller companies look to the public markets as an alternative M&A.

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