Ericsson buys Canadian BSS specialist
Continuing its lengthy acquisition spree, Ericsson this week entered into an agreement to acquire Canadian BSS consulting and systems integration company Telcocell.
July 24, 2013
Continuing its lengthy acquisition spree, Ericsson this week entered into an agreement to acquire Canadian BSS consulting and systems integration company Telcocell.
The Swedish firm said it will benefit from Telcocell’s consulting and systems integration experience in converged charging, custom development, quality assurance and production support for BSS. The acquisition complements Ericsson’s existing BSS product portfolio including previous acquisitions such as LHS and will see the company strengthen its offering in North America.
Paolo Colella, Head of Consulting and Systems Integration at Ericsson said: “Multi-vendor business support systems integration and consulting is of high strategic importance for Ericsson worldwide.”
Approximately 200 services employees and consultants primarily based in Canada and the United States are expected to join Ericsson. The acquisition is expected to close by the end of the third quarter of 2013.
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