Ericsson is acquiring the telecom business of Sunrise Technology, a provider of IT services in the operations and business support systems (OSS/BSS) domain. Sunrise Technology, which is headquartered in Guangzhou, China, will continue to exist as a separate entity – serving customers in sectors other than telecom.
Approximately 1,000 employees – almost all of whom are based in Guangzhou – will join Ericsson by Q2 2015, being integrated with Ericsson’s Global Services business. These employees have expertise in IT consulting; systems integration for charging and billing systems, customer relationship management and business intelligence/analytics solutions; and application development and maintenance.
Magnus Mandersson, Executive Vice President and Head of Business Unit Global Services at Ericsson, says: “China is the world’s biggest mobile market in terms of number of subscriptions, with 1.285 billion. Most of the country’s telecom operators are at the beginning of their IT transformation journeys, and will soon replace their legacy IT systems with next-generation solutions that will enable them to launch digital offerings. The acquisition of Sunrise Technology’s telecom business will boost our ability to serve mobile operators’ IT transformation needs in China, and is aligned with our strategy of becoming a global ICT leader.”
Ericsson states that the acquisition of Sunrise Technology strengthens their position in OSS/BSS, and it follows a number of other recent acquisitions including Telcordia (2012), TeleOSS and Telcocell (2013), GEOSS (2014), and TimelessMIND (2015).