Ericsson
Traded as NYSE: Eric
Industry Telecommunication and networking equipment
Founded 1876, Stockholm, Sweden
Headquarters Stockholm, 16483, Sweden
CEO
Mr. Jan Frykhammar
Revenue US$ 29.289 billion
Operating income
US$ 2.586 billion
Net income
US$ 1.622 billion
Total assets US$ 33.730 billion
Total equity US$ 17.380 billion
Number of employees
116.507
Website ericsson.com

About:

Ericsson,

is a Swedish company based in Stockholm. Mainly as a supplier of products in the field of mobile radio technology, internet and multimedia communication and telecommunications. In addition to other companies, the main customers are network operators and service providers.

The company was founded in 1876 by Lars M. Ericsson. The current Chief Executive officer is Leif Johansson. The company is now active in 180 countries. However, in 2012 it shut down its retail operations under the SonyEricsson brand. Products include technology and business consulting, network infrastructure, multimedia and Internet technologies as well as terminal platforms, multimedia applications and various services.

Ericsson works within 3 main business divisions:

Networks: Establishment and construction of networks, which provide access to information transmission.

Professional Services: Services related to the strategic planning, construction and operation of telecommunication facilities.

Multimedia: This division sells Internet-based applications to create multi-media content for mobile and fixed-line applications and to process them on the end devices.

Top 10 Deals Ericsson

RankDateTargetNationValue (in bil. USD)Status
111.29.1999Siara Systems IncUnited States4.27Completed
210.25.2005Marconi Corp Certain AssetsUnited Kingdom2.14Completed
312.19.2006Redback Networks IncUnited States2.05Completed
402.26.2007TANDBERG Television ASANorway1.22Completed
506.14.2011Telcordia Technologies IncUnited States1.15Completed
607.25.2009Nortel Networks CDMA Bus,LTECanada1.13Completed
708.20.2008ST0NXP Wireless SASwitzerland1.10Completed
807.31.2000Abatis Systems CorpCanada0.63Completed
908.17.1998Ericsson Telecomunicacoes SABrazil0.62Completed
1004.13.1999Torrent NetworkingUnited States0.45Completed