Ericsson acquires Optimi and expands network management capabilities
(Thomson Reuters ONE) -
* Acquisition brings further capability and broadens customer base in multi-
vendor network management and optimization business to Ericsson
* Full ownership of US-Spanish group Optimi acquired, adding 200 highly
skilled professionals to Ericsson's leading workforce
* Strengthen Ericsson capabilities in network modernization and 4G
introduction, with focus on multi-technology Self-Organizing network
Today Ericsson (NASDAQ:ERIC) announced the acquisition of Optimi Corporation, a
US-Spanish telecommunications vendor providing products and services within the
networks optimization and management sector - with a strong focus on operations-
support-systems- (OSS-) based optimization services - to leading clients in
telecommunications. The terms of the deal were not disclosed.
The acquisition brings in approximately 200 highly skilled professionals and a
complete portfolio of services and tools. This is to reinforce and consolidate
Ericsson's leadership position in multi-technology, multi-vendor, Self-
Organizing Networks (SONs) and OSS-based network optimization. Furthermore it
improves the company's global capabilities to deliver value-added optimization
services.
Today, network performance is on everybody's mind. Operators want to reduce
churn, and see network optimization as a way to both increase quality and reduce
cost. For a telecom service provider, network optimization presents the
challenge to optimize not only 2G, 3G and 4G networks, but also to balance the
utilization of these technologies. This opens up an opportunity for Ericsson to
offer products and services providing more efficient planning, rollout and
optimization of radio networks.
"The Optimi portfolio complements our existing OSS portfolio, which today is
largely deployed among networks managed by Ericsson," said Magnus Mandersson,
Senior Vice President and Head of Business Unit Global Services, Ericsson.
"Network optimization is already a core business for Ericsson. Today's
acquisition is further proof of our commitment to support our customers in the
transformation currently taking place within the telecommunications industry.
Over the years, we have invested in processes, methods and tools, so it is in
our DNA."
Optimi is the global leader, providing mobile carriers with automated design,
optimization and management solutions. It has blended innovative technology with
practical know-how that enables operators to improve network performance whilst
at the same time reducing capex and opex in 2G, 3G and 4G networks. Optimi's
Products Suite is highly ranked in terms of results, accuracy and user-
friendliness, being widely recognized as a pioneer and front-runner in multi-
technology SONs. Leveraging its global footprint, Optimi offers services and
products, which are currently used by more than 50 leading operators across five
continents.
Based on its competence in radio network performance, Optimi has successfully
built a global business combining a leading OSS-based optimization and
management solutions portfolio with a highly recognized professional engineering
services offering. This is a good complement to Ericsson's own portfolio, with
more and more demands coming from operators who own multi-technology, multi-
vendor networks which need to be optimized and modernized. Ericsson is ready to
help operators to introduce next-generation technology in the interests of
improved quality and reduced costs.
NOTES TO EDITORS:
Pictures of Magnus Mandersson:
Ericsson OSS/BSS
Global Services Backgrounder
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. 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.
www.ericsson.com
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail:media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations(at)ericsson.com
Ericsson acquires Optimi and expands network management capabilities:
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Source: Ericsson via Thomson Reuters ONE
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Datum: 22.12.2010 - 11:01 Uhr
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