|Traded as||NYSE: Eric|
|Industry||Telecommunication and networking equipment|
|Founded||1876, Stockholm, Sweden|
|Headquarters||Stockholm, 16483, Sweden|
|Mr. Jan Frykhammar|
|Revenue||US$ 29.289 billion|
|US$ 2.586 billion|
|US$ 1.622 billion|
|Total assets||US$ 33.730 billion|
|Total equity||US$ 17.380 billion|
Number of employees
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
|Rank||Date||Target||Nation||Value (in bil. USD)||Status|
|1||11.29.1999||Siara Systems Inc||United States||4.27||Completed|
|2||10.25.2005||Marconi Corp Certain Assets||United Kingdom||2.14||Completed|
|3||12.19.2006||Redback Networks Inc||United States||2.05||Completed|
|4||02.26.2007||TANDBERG Television ASA||Norway||1.22||Completed|
|5||06.14.2011||Telcordia Technologies Inc||United States||1.15||Completed|
|6||07.25.2009||Nortel Networks CDMA Bus,LTE||Canada||1.13||Completed|
|7||08.20.2008||ST0NXP Wireless SA||Switzerland||1.10||Completed|
|8||07.31.2000||Abatis Systems Corp||Canada||0.63||Completed|
|9||08.17.1998||Ericsson Telecomunicacoes SA||Brazil||0.62||Completed|
|10||04.13.1999||Torrent Networking||United States||0.45||Completed|