Ericsson to acquire Telcordia for $1.2 billion

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Ericsson has reached an agreement to acquire Telcordia Technologies for $1.2 billion, the company said on Tuesday.

The deal will reinforce and expand Ericsson's position in the operations support systems (OSS) and business support systems (BSS) sector. These systems are used for network optimization and real-time charging, according to Ericsson.

admin 14 Jun, 2011

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Source: http://podcasts.infoworld.com/d/the-industry-standard/ericsson-acquire-telcordia-12-billion-094?source=rss_
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