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Stock Market & Financial Investment News

News Breaks
January 21, 2013
12:59 EDTERICEricsson to acquire IT services capabilities from Devoteam in France
Ericsson announces its intention to acquire Devoteam Telecom & Media operations in France. Devoteam is a leader in Information and Communications Technology consulting with 5000 employees in Europe, Middle East and Africa. The completion of the acquisition is subject to consultation and customary closing conditions. It is expected to take place by the beginning of Q2, 2013. The deal will see 400 skilled, France-based, IT services professionals join Ericsson. It includes also the acquisition of TV SmartVision operations.
News For ERIC From The Last 14 Days
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May 27, 2015
11:46 EDTERICRaymond James doubts Ericsson will buy Juniper or Ciena
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07:55 EDTERICEricsson willing to respond to rivals' merger with deal, Bloomberg reports
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May 26, 2015
18:15 EDTERICEricsson in talks with Reliance to expand Indian operations, Times of India says
Ericsson is in talks with Reliance Jio to offer an "entire range of... products and services" in India as LTE penetration increases across the country, the Times of India reported earlier, citing Ericsson's India chief Chris Houghton. The report notes that the partnership is likely to emphasize smartphone TV streaming technology. Reference Link
May 22, 2015
15:01 EDTERICWi-LAN says Ericsson granted motion for summary judgment on three patents
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