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Ericsson intends to acquire software developer Ericpol

  • Ericsson intends to acquire the Polish and Ukrainian operations of Ericpol, a software development company and long-time supplier to Ericsson
  • Approximately 2,000 employees will join Ericsson in Poland and Ukraine
  • Ericsson is by far Ericpol`s largest customer, and bringing Ericpol into Ericsson secures the competence and deep knowledge about Ericsson that has been built up over years of collaboration

Ericsson (ERIC) has concluded a preliminary share purchase agreement for the acquisition of Ericpol`s operations in Poland and Ukraine. Ericpol is a software development company within telecommunications and has been a supplier to Ericsson for over 20 years. Ericsson has been its largest customer by far. In the transformative industry that Ericsson operates in, an opportunity has opened for Ericsson to secure key competence with a deep knowledge about Ericsson built up after many years of collaboration through this acquisition.

Approximately 2,000 employees will join Ericsson. The acquisition is expected to take place during the first quarter of 2016, pending, among other things, customary regulatory...