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Ericsson Austria GmbH Pottendorfer Straße 25-27 1120 Wien, Austria http://www.ericsson.com
Contact Ericsson Corporate Public & Media Relations +46 10 719 69 92
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Ericsson Austria GmbH

Acquisition of Nortel's Multi-Service Switch business

Confirms commitment to CDMA portfolio / Strengthens R&D and services capabilities within CDMA / Cash purchase of USD 65 million

(PresseBox) (Wien, )
Ericsson (NASDAQ:ERIC) has today entered into an asset purchase agreement to acquire Nortel's Multi-Service Switch business (MSS). This acquisition gives Ericsson access to a strong product portfolio and installed base in the data segment while ensuring the supply of the MSS platform for the recently acquired CDMA and GSM units.

An important part of the CDMA ecosystem, MSS offers the sale and support of data networks and switching platforms for core networks within the recently acquired wireless and carrier voice divisions. MSS serves a valuable need for a multiplicity of services that the backbone network provides today for our fnmwqlwsc.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.