Telecommunications software company Envivio Inc. said Thursday it agreed to be acquired by Telecom-equipment giant Ericsson in a deal valued about $125 million.

Under the terms of the agreement, Ericsson will pay Envivio holders $4.10 a share. The deal is expected to close in the final quarter of 2015.

San Francisco-based Envivio is slated to join Ericsson’s TV and media business. The company makes software to process and distribute Internet protocol-based video.

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