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Ericsson

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Overview

Acquired by 
Optimi
Number of Acquisitions 36
Ericsson
Ericsson is a technology company that provides and operates telecommunications networks, television and video systems, and related services.
Industries  Information Technology, Internet, Mobile, TelecommunicationsHeadquarters Regions  European Union (EU), Nordic Countries, ScandinaviaSub-Organization of 
Investor AB
Founded Date Jan 1, 1876Founders  Lars Magnus EricssonOperating Status ActiveFunding Status M&ALast Funding Type Post-IPO DebtNumber of Employees 10001+Legal Name Telefonaktiebolaget LM EricssonChild Hubs  Ericsson Alumni Founded Companies
IPO Status PublicStock Symbol Company Type For Profit
Investor Type  Hedge Fund, Micro VC Investment Stage  Early Stage Venture Number of Exits 6Accelerator has Demo Days YesAccelerator Application Deadline Nov 28, 2019Accelerator Program Type On-Site
Website 689彩票邀请码 LinkedIn 689彩票邀请码 Contact Email asq@ericsson.comPhone Number +46 10 719 00 00 +2796900052

Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services.

689彩票邀请码The company's portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry.

The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of being the "prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions.

Working in 175 countries, more than 80,000 employees generated revenue of SEK 206.5 billion (USD 27.1 billion) in 2009.

Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.

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689彩票邀请码 Unlock Charts on Crunchbase

Charts can be found on various organization profiles and on Hubs pages, based on data availability.

Lists Featuring This Company

Nordic Countries Telecommunications Companies
363 Number of Organizations ● $2.8B Total Funding Amount ● 169 Number of Investors
Early Stage Venture Investors with Investments in Western US
5,350 Number of Organizations ● $16.9B Total Funding Amount ● 665 Number of Investors
Investors Active in Nordic Countries
2,128 Number of Organizations ● $70.9B Total Funding Amount ● 770 Number of Investors
Scandinavia Micro VCs
44 Number of Organizations ● $663.2M Total Funding Amount ● 5 Number of Investors

M&A Details

Ericsson was acquired by Optimi for $100M on Dec 1, 2010.
Transaction Name 
Ericsson acquired by Optimi
Acquired by 
Optimi
Announced Date Dec 1, 2010Price $100M

IPO & Stock Price

Ericsson is registered under the ticker .
Stock Symbol IPO Date Aug 28, 1981

Funding Rounds

Number of Funding Rounds 3
Total Funding Amount $663.2M
Ericsson has raised a total of $663.2M in funding over 3 rounds. Their latest funding was raised on Jun 5, 2018 from a Post-IPO Debt round.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Jun 5, 2018
Post-IPO Debt - Ericsson
1€250M European Investment Bank (EIB)
Dec 27, 2017
Post-IPO Equity - Ericsson
Sign up for free to unlock and follow the latest funding activities
2
$370M AB Svensk Exportkredit, Nordic Investment Bank
May 30, 2017
Post-IPO Equity - Ericsson
1 Cevian Capital

Investors

Number of Lead Investors 4
Number of Investors 4
Ericsson is funded by 4 investors. European Investment Bank (EIB) and Nordic Investment Bank are the most recent investors.

Acquisitions

Number of Acquisitions 36
Ericsson has acquired 36 organizations. Their most recent acquisition was Genaker on Mar 12, 2020.

Company Tech Stack by Siftery

Ericsson uses 198 technology products and services including Google AnalyticsWordPress, and Vimeo.

Mobile App Metrics by Apptopia

Downloads Last 30 Days 10
Ericsson has 10 monthly app downloads. The most popular apps downloaded are #TeamEricssonParking Space Query, and Direct To Site.
App Name  
App Store  
Monthly Downloads  
#TeamEricsson
Google Play 10
Parking Space Query
Itunes Connect
Direct To Site
Google Play
M2M Dashboard
Google Play
EriSite
Google Play
Ericsson Site Rollout
Google Play
Ericsson Remote Access
Google Play
Ericsson Networked Society
Google Play
Ericsson Device Analytics
Google Play
Ericsson Connection App
Google Play

Website Tech Stack by BuiltWith

Ericsson is actively using 17 technologies for its website. These include Viewport MetaIPhone / Mobile Compatible, and SSL by Default.

Web Traffic by SimilarWeb

Ericsson is ranked 27,964 among websites globally based on its 1,853,736 monthly web visitors.

Patents and Trademarks by IPqwery

The intellectual property of Ericsson includes 15,521 registered patents primarily in the 'Electric Communication Technique' category. Additionally, Ericsson has registered 136 trademarks with the most popular class being 'Scientific and electric apparatus and instruments'.

IT Spend by Aberdeen

This year, Ericsson is projected to spend $5M on IT.

Investments

Number of Investments 18
Number of Lead Investments 3
Ericsson has made 18 investments. Their most recent investment was on Apr 9, 2019, when PubNub raised $23M.
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  
Apr 9, 2019
PubNub
Series D - PubNub
$23M
Jun 11, 2018
Balena
Funding Round - Balena
$5M
Jan 31, 2018
Trifacta
Series D - Trifacta
$48M
Sep 12, 2016
PubNub
Yes
Venture Round - PubNub
$6M
Jun 27, 2016
Cask
Yes
Venture Round - Cask
Jun 27, 2016
Balena
Series A - Balena
$9M
Apr 13, 2016
Jolata
No
Series B - Jolata
$7M
Nov 5, 2015
Cask
Series B - Cask
$20M
Aug 24, 2015
Mirantis
No
Series B - Mirantis
$100M
Jan 21, 2015
Pluribus Networks
Series D - Pluribus Networks
$50M

Exits

Number of Exits 6
Ericsson has had 6 exits. Ericsson's most notable exits include CaskSand 9, and NetScreen Technologies.
Cask
Cask provides the first unified integration platform for Hadoop and Apache Spark.
Sand 9
Sand 9 develops MEMS timing products that serve wireless and wired systems in communications, industrial, military and mobile markets.
NetScreen Technologies
Juniper Networks is a news network that designs, develops, and sells products and services, along with network infrastructure.
Arantech
Arantech provides customer experience management (CEM) systems for communications service providers.
Metro Optix
Metro-Optix is an exciting start-up focused on this white-hot optical networking market.
Terraplay Systems
Terraplay Systems offers a global gaming network enabling game publishers to offer their products and services to a global gaming community.

Current Team

Number of Current Team Members 190
Ericsson has 190 current team members, including CEO and President Borje Ekholm.
Borje Ekholm
CEO and President
Carl Mellander
SVP, Chief Financial Officer and Head of Finance and Common Functions
Helena Norrman
Senior Vice President and CMO/CCO
Fredrik Jejdling
EVP & Head of Business Area Networks
MajBritt Arfert
SVP, Chief Human Resources Officer and Head of Group Function Human Resources
Arun Bansal
SVP, Head of Market Area Europe & Latin America
Xavier Dedullen
Senior Vice President, Chief Legal Officer, Head of Group Function Legal Affairs & Compliance

Board Members and Advisors

Number of Board Members / Advisors 17
Ericsson has 17 board members and advisors, including Pehr Claesson.
Pehr Claesson
Board Member
2008
Hans Vestberg
Board Member
2010
Jacob Wallenberg
Board Member
2011
Zlatko Hadzic
Board Member
2015
Kristin Lund
Board Member
2013
Peter Bonfield
Board Member
Borje Ekholm
Board Member
2006
Nora Denzel
Board Member
Apr 2013

Sub-Organizations

Number of Sub-Orgs 5

Events

Number of Events 94
Ericsson has participated in 94 events. They most recently attended, or will attend, Dublin Tech Summit 2020 on Apr 22, 2020.
Dublin Tech Summit 2020
Sponsor
Apr 22, 2020
MWC Barcelona 2020
Exhibitor
Feb 24, 2020
CES Las Vegas 2020
Sponsor
Jan 7, 2020
DataHack Summit 2019
Sponsor
Nov 13, 2019
HUSTEF 2019
Sponsor
Oct 28, 2019

Recent News & Activity

Number of Articles 9,262

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