Thursday, March 10, 2011

Ericsson Completes Acquisition of Nortel's Multiservice Switch business

Ericsson completed its previously announced acquisition of Nortel's Multiservice Switch business.

The Multiservice Switch business offers switching platforms for CDMA networks.

Ericsson said the deal gives its a strong product portfolio and installed base in the data segment while ensuring the supply of the platform for the recently acquired CDMA and GSM units.

"We are gaining a solid business with a significant installed base and technology that complements our existing Ericsson portfolio. In key locations around the globe, we grow our data capability with experienced and talented people." said Rima Qureshi, senior vice president and head of business unit CDMA Mobile Systems.

The former Nortel Multiservice Switch staff will be integrated into the Ericsson group in business unit CDMA Mobile Systems over the coming months and will work under the Ericsson brand effective today. Former Nortel customers gain a stable partner committed to the ongoing evolution of their networks and the assurance of a seamless business transition.

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