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Friday, January 27, 2012

ERICSSON GROUP GROWS WITH TELCORDIA ACQUISITION

➤ Ercisson Group, with a stated vision of being “the prime driver in an allcommunicating
world,” has expanded its workforce by 2,600 employees with
its $1.15 billion acquisition of Telcordia Technologies. Based in Piscataway,
N.J., Telcordia offers OSS (operations support systems)/BSS (business support
systems) products for a variety of large-scale industries, including health care
and financial services. According to Ericsson, Telecordia will be fully integrated
into Ericsson in a series of phases throughout 2012.

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