Back in June, after several month of speculation, news broke that it was Ericsson that intended to buy Telcordia. That deal has now completed, just a few weeks later than expected.
Celebratory Ericsson-branded mugs all-round for the Telcordia team.
According to the press release, Telcordia was aquired for $1.15billion for annual revenues of $739m.
Telcordia now joins Ericsson's Business Unit Mulimedia.
