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Stock Market & Financial Investment News

News Breaks
December 10, 2012
05:13 EDTERIC, STMEricsson starts negotiations with STMicroelectronics on ownership of ST-Ericsson
Ericsson (ERIC) announced that it will continue to work together with STMicroelectronics (STM) to find a suitable strategic solution for the two companies Joint Venture ST-Ericsson. STMicroelectronics has announced its intention to exit as a shareholder in ST-Ericsson. For Ericsson, a key priority in this process is a successful market introduction of the new LTE modems that it is certain will be very competitive and needed in the market. During the process Ericsson will not speculate on the possible outcomes, timelines, and future ownership structures of ST-Ericsson.
News For ERIC;STM From The Last 14 Days
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August 31, 2015
11:03 EDTERICEricsson signs OSSii license agreements with Cisco and Tektronix
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August 27, 2015
05:37 EDTERICEricsson renews playout services contract with ITV
Ericsson announced that it has renewed its playout services contract with ITV, the UK's leading commercial television network. The contract, which has been extended until 2024, will see Ericsson continue to provide playout services for ITV's portfolio of channels including ITV, ITV2, ITV3, ITV4, ITV HD and CITV and their associated regional variants as well as ITV's newest TV channels, ITV Encore and ITVBe. As part of the contract, Ericsson has designed, built and integrated a state-of-the-art scalable simulcast platform for ITV. The modular infrastructure will allow ITV the flexibility to deliver new services and launch existing services onto new platforms, easily and with a high level of resilience.

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