Ericsson and STMicroelectronics complete transaction to split up ST-Ericsson

By on    Telecommunication Equipment  

STOCKHOLM, SWEDEN — (Marketwired) — 08/05/13 –* Formal transfer of relevant parts of ST-Ericsson to the parent
companies has
taken place on August 2, 2013* Close down of the remaining activities of ST-Ericsson has startedEricsson (NASDAQ: ERIC) and STMicroelectronics (NYSE: STM) today announced
the
closing of the transaction for the split up of ST-Ericsson. This follows
the
announcement the companies made on March 18, 2013 on the chosen strategic
option
for the future of the joint venture

Movik Named a Finalist for the 2013 Innovative Technology of the Year Award by the Mass Technology Leadership Council

By on    Picture Gallery, Telecommunication Equipment  

Movik Named a Finalist for the 2013 Innovative Technology of the Year Award by the Mass Technology Leadership Council

WESTFORD, MA — (Marketwired) — 07/24/13 — , the Intelligent RAN company, was named a finalist for Massachusetts Leadership Council-s 2013 Innovative Technology of the Year Award, before a crowd of more than 200 tech executives at the Microsoft NERD Center in Cambridge, Mass.In its 16th year, The Massachusetts Technology Leadership Awards celebrates innovation and leadership in technology. The awards winners in this category and 16 others will be announced at the annual Awards Gala on Thursda

Ericsson broadens its Systems Integration capabilities for BSS in North America

By on    Telecommunication Equipment  

STOCKHOLM, SWEDEN — (Marketwired) — 07/23/13 –* Ericsson to acquire the entire business of Canada-based Telcocell, a
consulting and systems integration company specializing in Business
Support
Systems* Approximately 200 services employees and consultants are expected to
join
Ericsson in Q3, 2013* The acquisition complements Ericsson-s offering to telecom and cable
customers particularly in North AmericaEricsson (NASDAQ: ERIC) today announced that it has entered into an
agreeme

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