Ericsson to acquire Mobeon, provider of IP-messaging components for mobile and fixed networks

March 15, 2007

1 Min Read

STOCKHOLM -- Ericsson (NASDAQ:ERIC) has announced it will acquire business and assets of Mobeon AB, the world's leader in IP-messaging components for mobile and fixed networks. This deal represents yet another step in Ericsson's strategy to become the leader in multimedia. 21 percent of Mobeon is already owned by Ericsson, which is also the primary partner and original developer of Mobeon's CompEdge series of carrier-class messaging.

Headquartered in Stockholm, Sweden, Mobeon is the leading supplier of IP-based voice and video mail, key elements of Ericsson's Enriched Messaging solution, which in turn is a cornerstone of its multimedia strategy.

Jan Wäreby, Senior Vice President and Head of Ericsson's Business Unit Multimedia, says: "Voicemail is one of the most used messaging services by consumers and Mobeon is bringing us the latest IP generation messaging system prepared for both voice and video mail".

"This acquisition is an important part of our networked media and messaging strategy. The combination of Ericsson and Mobeon's technological innovation will allow operators to offer an enhanced multimedia messaging experience to their customers", he adds.

Ericsson AB (Nasdaq: ERIC)

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