Sunday, July 3, 2005

Ericsson Acquires Teleca OSS

Ericsson has acquired Teleca OSS, a Swedish company specializing in systems integration in the area of telecom management. Teleca OSS, which is a subsidiary to the Swedish company Teleca, provides service assurance, network management and operator charging solutions to large network operators in the Nordic and Baltic region. The company has around 40 employees. Ericsson said the acquisition would strengthen its services business. Financial terms were not disclosed.

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