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Ericsson Buys Minority Stake in US Software Developer LotusFlare

MT Newswires·12/03/2025 02:33:10
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02:33 AM EST, 12/03/2025 (MT Newswires) -- Ericsson (ERIC-A.ST, ERIBR.HE) purchased a minority stake in US software development company LotusFlare for an undisclosed sum. The transaction is part of a strategic partnership between the telecommunications company and LotusFlare to support the adoption of network application programming interfaces, according to a Wednesday release. Under the collaboration, the partners will provide common solution blueprints for typical integration scenarios designed for the network application programming interfaces exposure level.