Calix, Inc. (CALX)

[mlkrborn]

Calix Networks to acquire fiber access assets from Ericsson (ERIC); companies sign global reseller agreement (CALX) 5.30 -0.10 : Co and Ericsson (ERIC) announced the signing of a definitive agreement under which Calix will acquire Ericsson's fiber access assets. The two companies also announced that they have signed a global reseller agreement, under which Calix will become Ericsson's preferred global partner for broadband access applications. The global reseller agreement between the two companies allows Ericsson to sell Calix Unified Access systems and software as its preferred fiber and VDSL2 access solution in 180 countries worldwide. This preferred partnership becomes effective upon the close of the acquisition and remains effective for three years.