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  3. > The Ericsson’s acquisition of MetraTech enhances its billing capabilities for IoT and M2M business models

Ericsson announced in July 2014 that it intends to acquire MetraTech, a provider of an advanced B2B billing platform for a variety of industries. The acquisition will complement and enhance Ericsson's IoT and M2M OSS platform – Ericsson Device Connection Platform (DCP) – as well giving Ericsson access to some key non-telco customer accounts.

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The Ericsson’s acquisition of MetraTech enhances its billing capabilities for IoT and M2M business models

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