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Telefonaktiebolaget LM Ericsson, headquartered in Stockholm, Sweden, operates in the telecommunications industry, providing information and communication technology products and services. The company is known for its wide array of offerings, including mobile network infrastructure, digital services, managed services, and emerging businesses. Ericsson plays a crucial role in the development and deployment of 5G technology, which is integral to its strategic positioning. The company’s global presence spans across numerous countries, enabling it to serve a diverse and extensive customer base. Ericsson's ability to innovate and adapt to changing technologies positions it strategically in the global telecom market.

Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.