Ericsson accelerates move to software & systems integration with Telcordia

Ericsson is paying $1.15 billion to acquire Telcordia Technologies Inc in a debt free, cash-only deal. Formerly known as BellCore or Bell Communications Research, Telcordia has been up for sale for some time by it’s financial industry owners- Providence Equity Partners LLC and Warburg Pincus LLC. Please refer to this article for background information: Telcordia […]