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In Brief

Swedish telecom equipment maker Ericsson is opening up a new Bay Area regional HQ in Santa Clara in two office buildings being built as part of the new Santa Clara Square development. Ericsson will consolidate 2,000 employees currently working in Mountain View and San Jose in the 400,000-square-foot office space. The facility will house its IP and media groups (including its recent acquisition of Microsoft’s Mediaroom) along with the mobile infrastructure groups working on network virtualization. Ericsson expects to move onto the campus next spring.


In Brief

Mimosa Networks has closed a $20 million Series C round led by previous investor New Enterprise Associates (NEA) with participation from Oak Investment Partners. The company builds Wi-Fi equipment, but not any old wireless router you’d find at home or in a coffee shop. Instead Mimosa is building high-performance gigabit Wi-Fi systems for carriers and ISPs, making it a competitor to Ruckus Wireless. The company has now raised $38 million in three rounds.

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