Ericsson

Ericsson is a telecommunication firm that provides Internet Protocol networking, ultra-broadband access and cloud technology solutions. Read more

32,401 Followers on Owler
32,401 Followers on Owler
32,401 Followers on Owler
32,401 Followers on Owler

Ericsson

Ericsson is a telecommunication firm that provides Internet Protocol networking, ultra-broadband access and cloud technology solutions. Read more

Borje Ekholm's photo - President & CEO of Ericsson

President & CEO

Borje Ekholm

CEO Approval Rating

95/100

Founded:

1876

Status:

PublicIndependent CompanyNASDAQERIC

ERICSSON TOP COMPETITORS OR ALTERNATIVES

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Amdocs is Ericsson's #1 competitor. Amdocs's headquarters is in Chesterfield, Missouri, and was founded in 1982. Amdocs competes in the Data Processing Services industry. Amdocs generates 13% of Ericsson's revenue.

Huawei is one of Ericsson's top rivals. Huawei was founded in Shenzhen, Guangdong Province} in 1987. Like Ericsson, Huawei also works within the Telecommunications Equipment sector. Compared to Ericsson, Huawei generates $105.7B more revenue.

Nokia is one of Ericsson's top competitors. Nokia is a Public company that was founded in 1865 in Espoo, Southern Finland. Nokia operates in the Computers, Peripherals, Networking and Electronic Equipment industry. Compared to Ericsson, Nokia has 19,425 fewer employees.

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Ericsson Quarterly and Annual Revenue

Coming soon for Ericsson!

Annual Revenue

$30.5B

Ericsson's revenue is the ranked 13th among it's top 10 competitors. The top 10 competitors average 44.7B.

Ericsson Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cradlepoint, Inc.

Sep 2020

Source »
$1.1B
CradlePoint is a communication networking firm that offers cloud-based wired and wireless wide area networking solutions for businesses.
Genaker Professional & Critical PTT

Mar 2020

Source »
undisclosed
Genaker is a provider of real-time two-way radio communication solutions for public, private, transportation and aviation sectors.
NicheAI Private Limited

Sep 2019

Source »
undisclosed
NicheAI is an AI-based firm that provides data assessment and damage detection solutions for insurance, roadways and manufacturing industries.

-

Antenna and Filters Business, Kathrein

Feb 2019

Source »
undisclosed
-
CENX, Inc.

Sep 2018

Source »
undisclosed
CENX is a developer and provider of Lifecycle Service Orchestration solutions to automate data services in software-defined and virtualized networks.

These are all the companies that Ericsson has acquired. Ericsson has acquired 23 companies and its latest acquisition was Cradlepoint, Inc. in Sep 2020. CradlePoint is a communication networking firm that offers cloud-based wired and wireless wide area networking solutions for businesses.

Ericsson Funding History

Since Ericsson was founded in 1876, it has participated in 4 rounds of funding. In total Ericsson has raised $812.0M. Ericsson's last funding round was on Dec 2019 for a total of $150.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2019
$150M
Debt
May 2018
$292M
Debt
Dec 2017
$370M

Nordic Investment Bank

Equity
May 2017
--

Since Ericsson was founded in 1876, it has participated in 4 rounds of funding. In total Ericsson has raised $812.0M. Ericsson's last funding round was on Dec 2019 for a total of $150.0M

Ericsson Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Einride is a Sweden-based designer, developer and manufacturer of electric self-driving vehicles for the transportation industry.
$110M
May 05, 2021
Series B
-
Weaveworks is a container management platform that helps developers to build, deploy and manage cloud-native applications.
$36.6M
Dec 07, 2020
Series C
-
PubNub develops a data stream network that provides cloud-based infrastructure for building real-time web and mobile applications.
$23M
Apr 08, 2019
Series D
-
Trifacta is a cloud-based data wrangling platform that allows businesses to discover, structure, validate and publish analysis-ready data.
$48M
Jan 30, 2018
Series D
-
PubNub develops a data stream network that provides cloud-based infrastructure for building real-time web and mobile applications.
$6M
Sep 11, 2016
Equity
-

These are all the companies that Ericsson has invested in. Ericsson has invested 23 companies and its latest investment was Cradlepoint, Inc. in Sep 2020. CradlePoint is a communication networking firm that offers cloud-based wired and wireless wide area networking solutions for businesses.

Ericsson News

May 7, 2021News Break

Ericsson smokes peace pipe with Samsung - News Break

Ericsson has reached a multi-year agreement on global patent licenses with Samsung ending a dispute t... See more »
May 6, 2021PYMNTS

Driverless Truck Provider Einride Nets $110 Million In Funding

Sweden-based Einride has raised $110 million to fund the development and use of electric, autonomous ... See more »
May 6, 2021Benzinga

Cradlepoint and Ericsson Network Slicing Proof-of-Concept Highlights How Acquisition Will Unlock 5G Capabilities for Enterprises

BOISE, Idaho and SANTA CLARA, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- Cradlepoint, a global leader i... See more »
May 6, 2021MarketScreener

UScellular, Qualcomm, Ericsson, and Inseego Address Digital Divide with Multi-Gigabit Extended-Range 5G Milestone Over mmWave

(marketscreener.com) Successful Milestone Addresses "The Last Mile" Connectivity Challenge and Enhanc... See more »
May 6, 2021News Break

Cabless pod developer Einride raises $110M from new and existing investors - News Break

Sweden-based Einride, whose driverless and cabless freight pods run on electricity, has raised $110 m... See more »
May 5, 2021ChannelVision Magazine

Ericsson, Telarus Partner on 5G Wireless Offering for Remote Work

Ericsson and Telarus are working together to target the small and medium-sized business (SMB) sector ... See more »

Ericsson Blogs

November 12, 2018Ericsson Blog

What makes movies similar?

After a long and arduous week of work you plonk yourself down in front of the TV ready to unwind with... See more »
November 2, 2018Ericsson Blog

Next stop: Zero-touch automation standardization

Future telecommunication networks and services will need to take human intervention out of the loop. ... See more »
October 30, 2018Ericsson Blog

New tech in wireless communication & the growth of ubiquitous radio

Availability of a ubiquitous high capacity radio that can provide sharing of data anywhere and anytim... See more »
October 18, 2018Ericsson Blog

Untangling Industrial IoT networking

Industrial IoT (IIoT) systems are rapidly growing larger, more distributed and gaining new capabiliti... See more »
October 16, 2018Ericsson Blog

Trust technologies for security assurance

The potential of the network platform where humans, machines, basic and AI-driven services will compl... See more »
October 9, 2018Ericsson Blog

The emergence of the Internet of Skills

A next step in the connected world is to enable any human being to teach, be taught and execute actio... See more »
October 5, 2018Ericsson Blog

5G Enabled Manufacturing

How can 5G be of help in making industries more efficient and flexible? This is what I together with ... See more »

Ericsson Press Releases

February 24, 2021WebProNews

5G Subscriptions Top 220 Million

WebProNewsEricsson Mobility Report: 5G Subscriptions Top 220 MillionEricsson has released its Q4 2020... See more »
December 17, 2020EIN Presswire

Ericsson Joins The OpenChain Governing Board

Ericsson has become a Platinum Member of the OpenChain Project. OpenChain maintains ISO/IEC 5230, the... See more »
September 22, 2020Cision

FlexQube continues the partnership with Ericsson to explore 4- and 5G connectivity possibilities for industrial logistic robots.

After participating together at MWC (Mobile World Congress) in Los Angeles, 2019, where an eQart... See more »
August 31, 2020WebProNews

Qualcomm Doubles Range of mmWave 5G to 2.36 Miles

WebProNews Qualcomm Doubles Range of mmWave 5G to 2.36 Miles Qualcomm and Ericsson have successfully ... See more »
July 9, 2020PR Newswire

Invitation to Media and Analyst Briefing for Ericsson Q2 2020 Report

STOCKHOLM, July 9, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second qua... See more »
July 2, 2020WebWire

Ericsson and Getinge partner to increase production of advanced ICU ventilators

While the majority of people who get sick from COVID-19 will not need hospital care, for the small pe... See more »

Ericsson Videos

Social Media

Ericsson Headquarters

Torshamnsgatan 21

Stockholm, Stockholms län16483

46-10-719-00-00

Driving Directions »

Trending Companies

Ericsson Summary

ABOUT

Overview

Ericsson, Inc. (NASDAQ: ERIC) provides telecommunications equipment and services to mobile and fized network operators. It is a Swedish multinational company which is a provider of communication technology and services. The company's offerings compris...

CEO

Ericsson's President & CEO, Borje Ekholm, currently has an approval rating of 95%. Ericsson's primary competitors are Amdocs, Huawei & Nokia.

Website

ericsson.com

Frequently Asked Questions about Ericsson

  1. When was Ericsson founded?

    Ericsson was founded in 1876
  2. Who is Ericsson's CEO?

    Ericsson's CEO is Borje Ekholm
  3. How much revenue does Ericsson generate?

    Ericsson generates $30.5B in revenue
  4. How much funding does Ericsson have?

    Ericsson has historically raised $812M in funding
  5. Where is Ericsson's headquarters?

    Ericsson's headquarters is in Stockholm Stockholms län, SE
  1. How many employees does Ericsson have?

    Ericsson has 111,464 employees
  2. What sector does Ericsson operate in?

    Ericsson is in Telecommunications Equipment
  3. Who are Ericsson's competitors?

    Ericsson's top competitors are Amdocs, Huawei, Nokia
  4. Who has Ericsson invested in?

    Ericsson's has invested in companies such as Einride, Weaveworks, PubNub