Ericsson
Investments
14Portfolio Exits
12Partners & Customers
10Service Providers
1About Ericsson
Ericsson (NASDAQ: ERIC) (STO: ERIC-B) is a provider of communications technology and services. The company offers its products and services to mobile and fixed network operators, as well as provides communications networks, telecom services, and multimedia solutions. It was founded in 1876 and is based in Stockholm. Sweden.
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Expert Collections containing Ericsson
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Find Ericsson in 1 Expert Collection, including The Edge Computing Landscape.
The Edge Computing Landscape
113 items
Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy
Research containing Ericsson
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CB Insights Intelligence Analysts have mentioned Ericsson in 5 CB Insights research briefs, most recently on Oct 26, 2022.
Latest Ericsson News
Aug 20, 2023
Optus, Ericsson and MediaTek have announced Australia’s initial over-the-air data-call using Ericsson’s pre-commercial reduced capability (RedCap) software on Optus’ 5G network. With this advancement, Optus can now enable 5G in low power and low-cost RedCap devices in the future. The small device size, long battery life, and substantial throughput of RedCap devices would make it ideal with many mobile consumer applications such as wearables (eg. smartwatches), health monitors, augmented reality (AR) devices (eg glasses) as well as industrial applications such as video surveillance, and industrial sensors. For instance, Ericsson’s RedCap software can power the smart city of the future with applications in smart grids, environmental sensors, predictive maintenance, utility metres, and more. This has been made possible through Ericsson’s advanced reduced capability (RedCap) software using any available 5G spectrum, with both time division duplex (TDD) and frequency division duplex (FDD), in low and mid frequency bands. With RedCap’s broader applicability, Optus can further create various use cases such as new applications for consumers, industries and enterprises. For industrial applications, RedCap can also improve operational efficiencies with optimised cost structures for the industrial IoT, accelerating the industry 4.0 transformation with 5G private networks. Ericsson’s RedCap brings wireless connectivity and mobility to the devices used in industry and enterprise. It can connect more equipment with fewer cables, process monitoring sensors for operational insight, smart surveillance cameras for personnel safety, and handheld and wearable devices for richer human-machine interaction. Lambo Kanagaratnam, managing director of networks at Optus, says “Optus is always pushing the boundaries on network technology to find ways to improve the experience of our customers. This trial is about catering for 5G for wearable devices, like watches, so customers can benefit from accessing the most up to date technology in their daily lives. With this Australian-first data call, we are paving the way for future 5G wearable devices.” Martin Wiktorin head of Ericsson’s global customer unit, Singtel, says “We are pleased to be working with Optus and MediaTek to bring the benefits of Ericsson RedCap to Optus’ customers. With this advancement, Optus can offer enhanced 5G connectivity for everything from consumer wearables to industrial sensors in a way that is both cost and energy-efficient, unlocking a whole range of new use cases.” Comment on this article below or via Twitter: @VanillaPlus OR @jcvplus Posted on:
Ericsson Investments
14 Investments
Ericsson has made 14 investments. Their latest investment was in Pluribus Networks as part of their Series E on October 10, 2021.
Ericsson Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/11/2021 | Series E | Pluribus Networks | $20M | Yes | 4 | |
10/29/2020 | Series C | Weaveworks | $36.65M | Yes | Accel, Amazon Web Services, Bright Pixel Capital, Deutsche Telekom, Ericsson, Google Ventures, Orange Ventures, Redline Capital Management, and Undisclosed Investors | 6 |
6/1/2018 | Biz Plan Competition | OwnLabs | $0.03M | Yes | 1 | |
10/21/2015 | Series A | |||||
9/6/2012 | Series C - II |
Date | 10/11/2021 | 10/29/2020 | 6/1/2018 | 10/21/2015 | 9/6/2012 |
|---|---|---|---|---|---|
Round | Series E | Series C | Biz Plan Competition | Series A | Series C - II |
Company | Pluribus Networks | Weaveworks | OwnLabs | ||
Amount | $20M | $36.65M | $0.03M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Accel, Amazon Web Services, Bright Pixel Capital, Deutsche Telekom, Ericsson, Google Ventures, Orange Ventures, Redline Capital Management, and Undisclosed Investors | ||||
Sources | 4 | 6 | 1 |
Ericsson Portfolio Exits
12 Portfolio Exits
Ericsson has 12 portfolio exits. Their latest portfolio exit was Ericsson - Russian Local Customer Support Business on December 15, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/15/2022 | Divestiture | Ericsson - Russian Local Customer Support Business | Acquirer | 1 | |
12/7/2022 | Divestiture | Ericsson - IoT Accelerator and Connected Vehicle Cloud Businesses | 7 | ||
8/1/2022 | Acquired | 3 | |||
Date | 12/15/2022 | 12/7/2022 | 8/1/2022 | ||
|---|---|---|---|---|---|
Exit | Divestiture | Divestiture | Acquired | ||
Companies | Ericsson - Russian Local Customer Support Business | Ericsson - IoT Accelerator and Connected Vehicle Cloud Businesses | |||
Valuation | |||||
Acquirer | Acquirer | ||||
Sources | 1 | 7 | 3 |
Ericsson Acquisitions
48 Acquisitions
Ericsson acquired 48 companies. Their latest acquisition was Vonage on July 21, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/21/2021 | Series E+ | $380M | Acq - P2P | 7 | ||
9/18/2020 | Debt | $162.3M | Acquired | 12 | ||
3/12/2020 | Grant | $1.49M | Acquired | 1 | ||
9/16/2019 | ||||||
2/25/2019 |
Date | 7/21/2021 | 9/18/2020 | 3/12/2020 | 9/16/2019 | 2/25/2019 |
|---|---|---|---|---|---|
Investment Stage | Series E+ | Debt | Grant | ||
Companies | |||||
Valuation | |||||
Total Funding | $380M | $162.3M | $1.49M | ||
Note | Acq - P2P | Acquired | Acquired | ||
Sources | 7 | 12 | 1 |
Ericsson Partners & Customers
10 Partners and customers
Ericsson has 10 strategic partners and customers. Ericsson recently partnered with Orange Jordan on August 8, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/7/2023 | Client | Jordan | Orange Jordan selects Ericsson to bolster 5G Core Network infrastructure in Jordan Orange Jordan has selected Ericsson to enhance its core network infrastructure by implementing Ericsson 's cloud-native dual-mode 5G Core and 5G Charging solutions . | 4 | |
7/26/2023 | Vendor | United States | Ericsson to use Intel 18A for 5G SoCs `` This is a significant milestone with Ericsson to partner broadly on their next-generation optimised 5G infrastructure , '' says Intel . | 5 | |
7/25/2023 | Partner | Slovakia (Slovak Republic) | O2 Telefónica, Ericsson implement cloud RAN for 5G in Europe Daniel Leimbach , head of customer unit Western Europe at Ericsson , says `` The partnership between Ericsson and O2 demonstrates our commitment to achieve significant breakthroughs on our path to build the networks of the future . | 1 | |
7/25/2023 | Vendor | ||||
7/24/2023 | Partner |
Date | 8/7/2023 | 7/26/2023 | 7/25/2023 | 7/25/2023 | 7/24/2023 |
|---|---|---|---|---|---|
Type | Client | Vendor | Partner | Vendor | Partner |
Business Partner | |||||
Country | Jordan | United States | Slovakia (Slovak Republic) | ||
News Snippet | Orange Jordan selects Ericsson to bolster 5G Core Network infrastructure in Jordan Orange Jordan has selected Ericsson to enhance its core network infrastructure by implementing Ericsson 's cloud-native dual-mode 5G Core and 5G Charging solutions . | Ericsson to use Intel 18A for 5G SoCs `` This is a significant milestone with Ericsson to partner broadly on their next-generation optimised 5G infrastructure , '' says Intel . | O2 Telefónica, Ericsson implement cloud RAN for 5G in Europe Daniel Leimbach , head of customer unit Western Europe at Ericsson , says `` The partnership between Ericsson and O2 demonstrates our commitment to achieve significant breakthroughs on our path to build the networks of the future . | ||
Sources | 4 | 5 | 1 |
Ericsson Service Providers
1 Service Provider
Ericsson has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
IPO | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | IPO |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Ericsson Team
129 Team Members
Ericsson has 129 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Daniel Alexus | Founder | Current | |
Name | Daniel Alexus | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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