Ericsson Acquires Entrisphere

Ericsson (NASDAQ: ERIC) has acquired Entrisphere Inc., a Santa Clara, Calif.-based provider of fiber access technology. No financial terms were disclosed. Entrisphere had raised around $145 million in VC funding since its 2000 inception, from firms like Accel Partners, Benchmark Capital, CDP Capital, Crosspoint Venture Partners, DAG Ventures, El Dorado Ventures, Lighthouse Capital Partners, Ontario Teachers Pension Plan, STAR Ventures and VantagePoint Venture Partners.