Ericsson and LotusFlare Announce Equity Investment and Strategic Partnership [Yahoo! Finance]
AYALA CORP UNSP/ADR (AYALY)
NASDAQ:AMEX Investor Relations:
ayala.com.ph/investors/investor-relations
Company Research
Source: Yahoo! Finance
/PRNewswire/ -- Ericsson, a global leader in telecommunications solutions, today announced the closing of an equity investment in LotusFlare, a provider of a cloud-native digital commerce and monetization platform for communications service providers (CSPs). The investment will complement Ericsson's broad end-to-end solutions to CSPs to expose and monetize network Application Programming Interfaces (APIs) and enhance LotusFlare's global scale and go-to-market capabilities. Kickstart Ventures, the venture arm of Globe Telecom, also participated in the investment round.
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