Stockholm, October 2004 - Ericsson has today announced the acquisition of the French company Audilog, a specialist in network management systems integration.
The Catalyst Group initiated this transaction and advised the management of Ericsson
Systems integration, to support telecom operators in creating competitive consumer service offerings and efficient business processes, is a strategic area in the Ericsson Global Services portfolio. The acquisition of Audilog reinforces Ericsson's focus on growing its services business. Audilog has for two decades worked closely with leading operators in France and in international markets in securing quality of network and consumer service performance.
"I am pleased to announce this acquisition that will increase our capacity to support operators in capturing revenue growth while controlling costs," said Hans Vestberg, Senior Vice President, Business Unit Global Services. "Audilog's skills and experience in network management fit perfectly with our competence and our leading telecom management and systems integration offering."
"We are proud and excited to be part of the Ericsson group," said Vladimir Waksman, CEO of Audilog. "Working with systems integration, it is a great strength for us to belong to Ericsson, the world's largest telecom services company. The leadership and long-term experience of Ericsson will facilitate new business opportunities and competence development."
Ericsson is the industry leader in systems integration of new consumer services and operator business processes, creating value for consumers and profitability for operators.
As networks, systems and business models become more complex, Ericsson partners with operators to create an environment for efficient business operations and innovative business development. This includes supplying solutions in the service layer and telecom management domains, including service provisioning, network management, service assurance and revenue management.
About Catalyst:
The Catalyst Group provides international strategic investment banking and corporate development services. Catalyst develops worldwide and domestic mergers & acquisitions and divestiture opportunities and makes them happen. Catalyst serves Information Technology, Telecommunications, Internet and e-Business companies Offices in the United Kingdom, France, Germany, Netherlands and the U.S.(Boston and Austin). www.IT-catalyst.com
For more information please contact:
André Posthuma – aposthuma@IT-catalyst.com – 0172-478559